Bombay High Court Upholds Arbitral Tribunal's Interim Order Directing Developer to Furnish ₹93.54 Crore Security and Disclose Sales Revenues in Land Revenue-Sharing Dispute. Court Holds That RERA Escrow Compliance and Oral License Claims Cannot Defeat Landowner's 45% Net Revenue Entitlement Under Supplemental Development Agreement....
The litigation arose from a commercial arbitration dispute over a redevelopment project in Mumbai. Shree Naman Developers Private Limited (“Naman”), the developer, and Premier Textile Processors (...




