Krishnakumar Vallabhdas Kapadia and 2 Ors.., v. Dinesh Vallabhadas Kapadia and 2 Ors.
Case brief
What is this about?
The High Court of Bombay.allowed the appeal by granting an ad-interim stay on the lower court's order directing a developer to deposit funds. The court ordered the developer to deposit 20% for temporary accommodation, agreed to release 80% of existing court deposit, and allocated 80% of future accommodation funds to appellants, clarifying this did not determine merits.
What did the court decide?
Allowed; granted ad-interim stay of impugned order; directed release of 80% of court deposit to appellants; ordered developer to pay 80% of accommodation funds to appellants; affirmed deposit of 20% i