Slump in the business cannot be the reason for default in payment of rent, remarked the Apex Court while considering an appeal filed by Chandigarh Administration against the High Court order that granted relief to its Allottee.Hari Ram was allotted a commercial booth in Chandigarh by the Chandigarh Administration for a total premium of Rs.70,500/- on lease basis for a period of ninety-nine...
![Slump In Business Cannot Be The Reason For Default In Payment Of Rent, Says Supreme Court [Read Judgment]](https://www.livelaw.in/h-upload/2019/07/29/750x450_362645-justice-r-banumathi-justice-as-bopanna-and-sc.jpg "Slump In Business Cannot Be The Reason For Default In Payment Of Rent, Says Supreme Court [Read Judgment]")