Delay In Executing Conveyance Deed Attributable To Development Authority, Cannot Ask For Interest On Premium Payment From Allottee: Allahabad HC

The Allahabad High Court addressed a dispute between the government and the Uttar Pradesh State Industrial Development Authority (UPSIDA) regarding the delay in executing a conveyance deed and the issue of interest payments. The court ruled that there was no obligation to pay interest on the delayed execution of the deed, focusing on the procedural aspects and contractual obligations. This ruling clarifies the legal expectations and financial implications of delays in official documentation processes.