Delhi High Court dismisses pleas by 123 Supertech homebuyers claiming that EMIs were disbursed sans possession of flats

The Court dismissed the pleas on the grounds that the homebuyers had alternative remedies, and that the facts of the cases were purely contractual in nature.
Delhi High Court
Delhi High Court

The Delhi High Court recently dismissed a batch of writ petitions filed by 123 homebuyers seeking directions to financial institutions not to charge pre-EMIs or full EMIs until Supertech delivers possession of properties to them [Supertech Urban Home Buyers Association (SUHA) foundation v. Union of India].

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