Search Results for "Developer Termination"

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Bombay High Court Hears Petition to Set Aside Arbitral Award in Redevelopment Dispute; Developer Challenges Directions to Amend Building Plans and Pay Compensation. Court's Decision Awaited.

The dispute pertained to redevelopment of a cooperative housing society's property. The respondent society, owner of a plot in Andheri, Mumbai, appoin...

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Supreme Court Partially Allows Builder's Appeal in Consumer Dispute Over Forfeiture of Earnest Money — Reduces Forfeiture from 20% to 10% of Basic Sale Price. Court upholds NCDRC's power to strike down unconscionable contractual terms but modifies interest rate and forfeiture percentage based on facts.

The present appeal arises from a consumer complaint filed by the respondents (buyers) against the appellant (builder, Godrej Projects Development Limi...

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Bombay High Court Allows Section 11 Application for Appointment of Arbitrator in Development Agreement Dispute. Arbitration Clause Survives Termination of Agreement, Court Appoints Sole Arbitrator.

The applicant, Vardhaman Builders, filed an application under Section 11 of the Arbitration and Conciliation Act, 1996 seeking appointment of an arbit...

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Bombay High Court Hears Writ Petitions Filed by Developer and Flat Purchasers Seeking Quashing of Stop Work Notice and Grant of Occupation Certificate. Dispute Between Developer and Landowner Leads to Stalling of Occupation Certificate for Completed Wing D.

The matter before the Bombay High Court arose from two writ petitions filed under Article 226 of the Constitution of India. The first petition, Writ P...

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Bombay High Court Dismisses Developer's Petition Challenging Slum Rehabilitation Authority's Cancellation of Letter of Intent for Non-Compliance. Failure to Obtain Commencement Certificate Within Validity Period Results in Forfeiture of Rights Under Maharashtra Slum Areas (I.C.&R.) Act, 1971.

The petitioner, M/s. Morya Homes, a partnership firm registered under the Partnership Act, was issued a Letter of Intent (LOI) by the Slum Rehabilitat...