No full refund for buyer who defaulted on property sale pact: HC
The Patna High Court ruled that a property buyer who defaulted on their contractual obligations is not entitled to a full refund or additional compensation. The court upheld the contract's forfeiture clause regarding advance payments.
Why it matters
This legal precedent clarifies the enforcement of property sale agreements and the consequences of failing to meet contractual obligations in India.
Plaintiff who failed to perform his part of property sale agreement not entitled to full refund or compensation: Patna High Court - The Times of India
The article provides a neutral summary of a court judgment.
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