Ms. D G Lands Developers Private Limited v. Muthyala Venkata Brahama Vara Prasad
Case brief
What is this about?
Bombay High Court, Second Appeal No. 263 of 2025, N. J. Jamadar J., 27 November 2025; Section 100 CPC; no substantial question of law; MahaRERA Complaint CC006000000161373; RERA Appeal AT006/52259/20; Real Estate Appellate Tribunal; refund of Rs.12,11,082/- with SBI MCLR plus 2% interest; disputed cash payment of Rs.2,67,000/-; Promissory Note dated 5th February 2023; uncontroverted averments; ex parte before Authority; Cancellation Deed; refund of stamp duty; deposit of 20th December 2024; stay rejected; IA 15864 of 2024 disposed; real estate developer vs allottees.
What did the court decide?
Appeal dismissed subject to directions: the amount deposited by the appellant in terms of the order dated 20th December, 2024 to be paid to the respondents on proper identification; on the appellant paying the balance amount in terms of the impugned order, the allottees shall execute a Cancellation Deed; upon refund and execution of the Cancellation Deed the appellant would be entitled to refund of stamp duty as admissible in law; stay application rejected; IA/15864/2024 disposed.