PARAMOUNT PROP BUILD PVT LTD Vs. STATE OF U. P.
LAWS(ALL)-2020-11-28
HIGH COURT OF ALLAHABAD
Decided on November 04,2020

Paramount Prop Build Pvt Ltd Appellant
VERSUS
STATE OF U. P. Respondents

JUDGEMENT

SURYA PRAKASH KESARWANI,YOGENDRA KUMAR SRIVASTAVA - (1.) Heard learned counsel for the petitioner, learned standing counsel for the State-respondents and Sri Wasim Masood, learned counsel for the respondent No.2.
(2.) The petitioner is a promoter. The respondent Nos.3 to 119 are allottees. The petitioner could not deliver possession of the flats to the allottees in time and there occurred delay. The allottees filed separate complaints before the Uttar Pradesh Real Estate Regulatory Authority, Gautam Buddh Nagar (hereinafter referred to as 'the Authority'), who passed the impugned orders awarding interest.
(3.) Learned counsel for the petitioner submits that the impugned orders are without jurisdiction inasmuch as the power to grant interest, does not vest with the authority.;


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