Santosh Shantaram Rane v. Royale Housing
Case brief
What is this about?
Section 9 Arbitration and Conciliation Act interim-measure petition (ARBP 297/2024, Bombay High Court, Somasekhar Sundaresan J., decided July 16, 2025) in a family redevelopment dispute under a Development Agreement dated December 12, 2022 over flat Nos. 293 and 294: payments for flat 293 directed to the Petitioner (original member of both flats) and for flat 294 to Respondent No. 6 (member added subsequently, addendum executed); Developer (Respondent Nos. 1 to 4) to release payments within one week of upload, prohibited from withholding funds or seeking Court deposit; prior receipts adjusted; Permanent Alternate Accommodation Agreements to be executed by currently shown members; Petitioner to hand over emoluments to his mother (Respondent No. 7); no opinion on substantive entitlement, arbitration indicated as appropriate forum.
What did the court decide?
Petition finally disposed of with directions: the Developer (Respondent Nos. 1 to 4) to forthwith release payments for flat No. 293 to the Petitioner and for flat No. 294 to Respondent No. 6, within one week of upload of the order on the Court's website; the Developer not to sit on the funds or make proposals to deposit them in Court; amounts already received by Respondent No. 6 and the Petitioner to be appropriately adjusted; the Permanent Alternate Accommodation Agreements for both flats to be executed by the respective members currently shown; the Petitioner's recorded statement to hand over all emoluments received under the Development Agreement to his mother (Respondent No. 7); no opinion expressed on substantive entitlements, with liberty to the parties to initiate proceedings in such forum as available in law; all actions pursuant to the order to be taken upon receipt of a downloaded copy from the Court's website.