Section 53A: Vendor/Landlord Loses Rights If Construction Exceeds 30-Month Period Plus 6-Month Grace.

When time is essence of the contract, and the time schedule is 30 months to complete construction with additional grace period of 6 months, it cannot be said that such a contract confers any rights on the vendor/landlord to seek redressal under Section 53A of the Transfer of Property Act - AT .....

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