Sanjeev Kakkar & Anr. v. Ardee Infrastructure Pvt. Ltd. & Anr.
Case brief
What is this about?
The Delhi High Court decreed suits for recovery of damages against a builder for delayed possession of residential units. The court held that fixed monthly penalties for delay were enforceable under Section 74 of the Contract Act and rejected the argument that a partial payment constituted a full settlement or that the delay was excused. The builder was ordered to pay substantial damages plus inte
What did the court decide?
Decree passed against the defendants directing them to pay specified sums of damages for delay along with interest at 18% and 12% per annum, plus court costs of Rs. 1,00,000/- per suit.