noviembre 30, 2021

Suit For Cancellation Of Development Agreement

ITA No. 599/Hyd/2012 M. could not see the light of day, which led to the definitive termination of the development agreement. Upon termination of the development contract, Assessee received an amount from Article 1150 of 2003. The Hon`ble Court found that there was no tangible evidence that the applicant had acquired possession of the above-mentioned premises after the performance of the development contract. Consequently, recourse to the applicant`s proceeding was considered excluded by section 14(3)(c) of the Specific Relief Act 1963. . . .

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