Latest Permanent Alternate Accommodation Agreement (PAAA) News & Updates

New Delhi, July 23 (IANS) The Supreme Court on Thursday directed a Mumbai-based developer to execute a Permanent Alternate Accommodation Agreement (PAAA) and hand over possession of three flats to an occupant of a redeveloped cessed building within two months, holding that the developer could not resile from its contractual and statutory obligations after obtaining vacant possession of the old premises for redevelopment. A Bench of Justices J.B. Pardiwala and K. Vinod Chandran set aside a Bombay…