No Claim Survives When Unit Holder Is Handed Over Possession And Conveyance Deed Has Been Executed: NCLAT

No Claim After Possession and Conveyance Deed Execution: The NCLAT ruled that no claim can survive once the possession of a property has been handed over to the buyer and the conveyance deed has been executed. The case involved disputes over property ownership and payment claims after the formal transfer process had been completed. The tribunal upheld the principle that once the title of property is transferred and possession delivered, the claim for further payments or liabilities from the same transaction cannot be sustained. This ruling strengthens legal certainty in property transactions.