Bangalore Development Authority vs Syndicate Bank on 17 May, 2007
The other two decisions the
learned counsel relied upon are: Bangalore
Development Authority Vs., Syndicate Bank
II (2007) CPJ 17 (SC) and Karnataka Housing Board Vs., R.Shankar in RP No. 3371 of 2007 decided on
19-11-2009. In Bangalore Development
authoritys case (Supra), it was held that time is not essence of contract as
the Brochure relating to the scheme did not mention any specific date for
delivery of possession of the houses.