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'Money Kept For Stamp Duty Isn’t Actual Statutory Payment': Bombay HC Upholds Developer’s Termination

'Money Kept For Stamp Duty Isn’t Actual Statutory Payment': Bombay HC Upholds Developer’s Termination
Photo: Free Press Journal · view original

Mumbai, September 25, 2026: Merely parking money in a bank account meant for stamp duty and registration charges does not amount to actually paying the statutory dues, the Bombay High Court has held while upholding a developer’s decision to cancel a homebuyer’s allotment for failing to complete t...

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