Raakesh Vasantlal Maniar vs Horizon Dream Homes Pvt. Ltd. — Bombay HC (2025) — LawSathi Research

Raakesh Vasantlal Maniar vs Horizon Dream Homes Pvt. Ltd. — Bombay HC (2025) — LawSathi Research

What the court decided

AI extract

Outcome

The Developer is to pay Rs. 1,25,000/- to the Maniar family within two weeks from upload of the order; on such payment the captioned proceedings qua the Maniar family stand settled akin to the Bade family settlement. Without prejudice, all outstanding amounts under the Consent Terms dated August 22, 2022 (forming part of the executable order dated August 30, 2022) remain payable. The Respondents are to bring the parking NOC by December 31, 2025 and procure the O.C. by February 28, 2026.

Issue for consideration

What specific amount should be directed to be paid by the Developer to the Maniar family to settle the disputes and differences relating to monetary compensation, both sides having left the fixation to the Court? +2 more

Court's answer

The Court fixed the settlement sum: the Developer is to pay Rs. 1,25,000/- to the Maniar family, payable within two weeks from the upload of the order on the Court's website.

Ratio / Principle

All amounts outstanding in terms of the Consent Terms dated August 22, 2022 are directed to be paid; these amounts in any case form part of an executable order dated August 30, 2022.

Key takeaways

Upon such payment, the captioned proceedings, insofar as they relate to the Maniar family, stand settled, in the same manner as the proceedings concerning the Bade family stand settled.ratio¶17
Pursuant to the Respondents' affidavit dated September 27, 2025, the Respondents are to bring the NOC for parking by December 31, 2025 and procure the O.C. by February 28, 2026.ratio¶21

Detailed headnote1 paragraphs

Bombay High Court (Ordinary Original Civil Jurisdiction), Somasekhar Sundaresan J., in Contempt Petition No. 19 of 2025 in Arbitration Petition No. 423 of 2022 (Raakesh V. Maniar & Ors. v. Horizon Dream Homes Pvt. Ltd. & Ors.), order dated October 17, 2025: With both sides leaving to the Court the fixation of the monetary-compensation settlement (Developer offering Rs. 1 lakh; Maniar family demanding Rs. 10 lakhs including litigation costs and outstanding rent from July 2023), the Court directed (i) that all outstanding amounts under the Consent Terms dated August 22, 2022 — which form part of an executable order dated August 30, 2022 — remain payable; and (ii), without prejudice thereto, that payment of Rs. 1,25,000/- by the Developer to the Maniar family within two weeks of upload of the order would settle the captioned proceedings qua the Maniar family, mirroring the earlier settlement with the Bade family (order dated October 1, 2025: Rs. 1 lakh plus monthly rent of Rs. 55,935/- until November 2025, escalating 10% per subsequent eleven-month period). In line with the Respondents' affidavit dated September 27, 2025, the parking NOC is to be brought by December 31, 2025 and the O.C. procured by February 28, 2026. Actions under the order are to be taken upon receipt of a downloaded copy from the Court's website.

943-CP-19-2025-ARBP-423-2022=CORRECTED.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION

CONTEMPT PETITION NO. 19 OF 2025 IN

ARBITRATION PETITION NO. 423 OF 2022

Digitally signed by SHRADDHA SHRADDHA KAMLESH KAMLESH TALEKAR TALEKAR Date: 2025.12.20 20:21:23 +0530

Raakesh V. Maniar & Ors. …Petitioners Versus Horizon Dream Homes Pvt. Ltd. & Ors. …Respondents

Mr. Parth D. Bhatia , for Petitioners.

Mr. Amar Mishra, for Respondents.

CORAM : SOMASEKHAR SUNDARESAN, J. Date : October 17, 2025

ORDER :

By an order dated October 1, 2025, it was recorded that Petitioner No. 4, Mr. Bade and the Developer had agreed to settle all their disputes and differences finally by a payment of Rs.1 lakh and with an undertaking that the monthly rent of Rs.55,935/- until November 2025 with an escalation of 10% for every subsequent eleven months period shall be paid. Such settlement was accepted and it was recorded that the amounts shall be paid within a period of ten days from the date of upload of that order.

Page 1 of 3

October 17 2025

**Shraddha *** Corrected as per Order dated December 12, 2025

943-CP-19-2025-ARBP-423-2022=CORRECTED.doc

Thereafter, the Petition was listed today. After the matter was argued for sometime, both the parties had left it to this Court to firm up a specific amount that may be directed to be paid to Maniar family to settle the disputes and differences with respect to the monetary compensation. The Developer is offered the same terms of Rs. 1 lakh to the Maniar family while the Maniar family had demanded Rs. 10 lakhs including costs of litigation and outstanding rent from July 2023.

Since both parties have agreed to resolve all disputes and differences with respect to the monetary compensation and have left it to this Court to fix an amount, it is hereby directed that all amounts that are outstanding in terms of the Consent Terms dated August 22, 2022 shall be payable which in any case forms part of an executable order dated August 30, 2022. Without prejudice to the same, should the Developer pay a sum of Rs. 1,25,000/- to the Maniar family which amount shall be payable within a period of two weeks from the upload of this order on the website of this Court, the captioned proceedings insofar it relates to the Maniar family shall also stand settled, akin to the manner in which the proceedings in which the Bade family stands settled. The Respondents through their affidavit dated September 27,

Corrected as per Order dated December 12, 2025

Page 2 of 3 October 17 2025

943-CP-19-2025-ARBP-423-2022=CORRECTED.doc

2025, are to bring the NOC for parking by December 31, 2025 and procure O.C. by February 28, 2026.

All actions required to be taken pursuant to this order, shall

be taken upon receipt of a downloaded copy as available on this Court’s website.

[ SOMASEKHAR SUNDARESAN, J.]

Page 3 of 3 October 17 2025

**Shraddha *** Corrected as per Order dated December 12, 2025