Termination of Real Estate Allotment and Proving Stamp Duty Payment Under RERA

Highlights of the Judgment:
- Examination of the promoter's right to terminate a real estate allotment under the Real Estate Regulation and Development Act, 2016, due to non-payment of statutory stamp duty.
- Analysis of evidentiary requirements for proving the actual payment of stamp duty and registration fees versus mere fund transfers without challan generation.
- Interpretation of Section 13 of the RERA concerning obligations for executing Agreements for Sale.
- Legal scrutiny on whether payments made by prior allottees under private MOUs can be credited to a subsequent transferee allottee.
- Determination of interest liability on refunded booking amounts where the transaction fails due to allottee default.