Team  SoOLEGAL

Land dispute: SC delivers Judgment in favor of Dilip Kumar, but asked to pay a sum of 20 crores[Read Judgment]

Team SoOLEGAL 1 Sep 2017 10:18am

Land dispute: SC delivers Judgment in favor of Dilip Kumar, but asked to pay a sum of 20 crores[Read Judgment]

Dilip Kumar secured victory in a land dispute case. The SC bench comprising Justices J Chamaleshwar and S Abdul Nazeer turned down the petition filed by a Mumbai-based real estate firm Prajita Developers Pvt. Ltd. for enforcement of the agreement and directed the Bollywood actor Dilip Kumar to pay the sum of 20 crores.

As the petitioner claimed that the appellant actor owed more than 20 crores, the Court appointed its former Judge Justice Venkatarama Reddy as an arbitrator to examine whether the firm was entitled to more as damages apart from 20 crores.

The veteran actor had entered into an agreement with the firm in 2006 for the development of his 2412 Sq. Yard prime Hill property ran into a rough weather a decade ago. The construction was expected to be finished within 2 years, but nothing ever happened

The Court directed Dilip Kumar to deposit the amount of 20 crores with the Apex Court registry within four weeks and inform the firm. The court also directed Prajita Developers Pvt. Ltd. to withdraw all their security personals deployed by it and hand over the possession within seven days of a period from the date of the receipt of intimation of the appellant in the presence of Commissioner of Police.

The Commissioner of police or his nominee will draw a report of the fact of the transferring possession of property back to its rightful owner and file the report in the Apex Court registry from the date of the handing over of the possession.

After filing the report, Prajita will be allowed to withdraw the amount deposited by the appellant in the registry.            

Read the Judgment here:

Dilip Kumar   Justice J Chelameswar   Justice S Abdul Nazeer   Supreme Court  

Did you find this write up useful? YES 2 NO 0
Send
Featured Members view all

New Members view all

×

C2RMTo Know More

Something Awesome Is In The Work

0

DAYS

0

HOURS

0

MINUTES

0

SECONDS

Sign-up and we will notify you of our launch.
We’ll also give some discount for your effort :)

* We won’t use your email for spam, just to notify you of our launch.