S.K. Sethi v. Ardee Infrastructure Pvt. Ltd. & Anr.
Case brief
What is this about?
In two suits regarding delayed delivery of properties under sale agreements, the court held the builder liable for liquidated damages. The court rejected arguments requiring proof of actual loss, distinguished prior cases involving earnest money forfeiture, and ruled that the earlier partial payment did not waive future claims.
What did the court decide?
Plaintiffs granted further damages/penalty for delay along with interest @ 18% per annum and costs of Rs.1,00,000/- in each suit.