Practical corporate advice from Supreme Court practitioners. Always consult legal counsel before signing founder equity schedules, RJSC filings, or commercial agreements.
Delays in apartment construction are common in Bangladesh and can cause significant inconvenience to buyers. The purchase agreement should specify the construction timeline and penalties for delay.
Contract Act 1872 Under the , buyers may claim damages if the developer breaches these terms. If the delay is excessive or indefinite, buyers might legally terminate the contract and seek refunds.
Mediation or arbitration clauses are often included for dispute resolution, avoiding prolonged court cases.
Buyers should document all communication related to delays and consult a lawyer for enforcement of their rights.
