The case involves an appeal against an order where the Adjudicating Authority did not entertain an application, and a Section 7 application was admitted. The appellant offered to deposit Rs. 22,10,43,647, which was the amount in default towards the principal, including delay charges. The respondent opposed the submission, stating that they want their units after project completion and did not accept the appellant's prayer. There are issues regarding land that were never resolved by the promoters, and the RERA registration was cancelled in 2019.
Dinesh Kumar, the appellant, filed an appeal against an order where the Adjudicating Authority did not entertain an application, and a Section 7 application was admitted. The appellant offered to deposit Rs. 22,10,43,647, representing the default amount towards the principal, including delay charges at Rs. 9 per sq. ft. The respondents, Narendra Kumar Sharma & Ors., opposed the appellant's submission, stating that they want their units after project completion and did not accept the appellant's prayer. They also highlighted unresolved land issues and the cancellation of RERA registration in 2019. The appellant claimed readiness to complete the project and remove bottlenecks, promising to submit a proposal. The court noted that the promoters have no right to deal
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The case involves an appeal against an order where the Adjudicating Authority did not entertain an application, and a Section 7 application was admitted. The appellant offered to deposit Rs. 22,10,43,647, which was the amount in default towards the principal, including delay charges. The respondent opposed the submission, stating that they want their units after project completion and did not accept the appellant's prayer. There are issues regarding land that were never resolved by the promoters, and the RERA registration was cancelled in 2019.
Dinesh Kumar, the appellant, filed an appeal against an order where the Adjudicating Authority did not entertain an application, and a Section 7 application was admitted. The appellant offered to deposit Rs. 22,10,43,647, representing the default amount towards the principal, including delay charges at Rs. 9 per sq. ft. The respondents, Narendra Kumar Sharma & Ors., opposed the appellant's submission, stating that they want their units after project completion and did not accept the appellant's prayer. They also highlighted unresolved land issues and the cancellation of RERA registration in 2019. The appellant claimed readiness to complete the project and remove bottlenecks, promising to submit a proposal. The court noted that the promoters have no right to deal
…RERA registrat…
Learned Counsel for the Appellant submits that…
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