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Forfeiture Of Earnest Money In Case Of Breach Should Be Reasonable And Based On Actual Damage: National Consumer Commission

The National Consumer Disputes Redressal Commission, comprising Subhash Chandra(President) and Bharatkumar Pandya (member), in a case relating to Oasis Landmarks, held that in the event of a contract.

Godrej Properties subsidiary receives GST demand and penalty order worth Rs 22 54 crore, ET RealEstate

Godrej Properties: Oasis Landmarks LLP will challenge the order at the appropriate forum in accordance with the law and there is no material impact of the same on financial, operations or other activities of the company.

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