TMI Blog2025 (5) TMI 167X X X X Extracts X X X X X X X X Extracts X X X X ..... Adv. Mr. Digant Mishra, Adv. Ms. Kashmira Lambat, Adv. Ms. Suja Joshi, Adv. Mr. Abhinav Deshwal, Adv. Mr. Shailesh Madiyal, Sr. Adv. Mr. Shreshth Nanda, Adv. Mr. Aditya Parolia, Adv. Mr. Rajesh Kumar, Adv. Mr. Piyush Singh, Adv. Mr. Akshay Srivastava, Adv. Mr. Alankrit Bhatnagar, Adv. Mr. Vivek Kumar, Adv. Ms. Sumbul Ismail, Adv. Mr. Suryansh Vashisth, Adv. Mr. Gaurav Goel, AOR Mr. Himanshu Tyagi, AOR Mr. Prashant Singh, AOR Mr. Kapil Paliwal, Adv. Mr. Vijender Jain, Adv. Mr. Pradeep Dhingra, Adv. Mr. Anish Gupta, Adv. Ms. Raina Anand, Adv. Mr. Ankit Barman, Adv. Ms. Shilpi, Adv. Mr. Amit Verma, AOR Mr. Aditya Parolia, Adv. Mr. Piyush Singh, Adv. Ms. Kirti Dua, Adv. Mr. Akshay Srivastava, Adv. Mr. Alankrit Bhatnagar, Adv. Mr. Anshul Gupta, AOR Mr. Devansh Srivastava, AOR Mr. Nitin Goel, Adv. Mr. Mayank Goel, Adv. Mr. Akhil Rana, Adv. Mr. Mrinal Harsh Vardhan, Adv. Ms. Rituparna Patra, Adv. Ms. Akankrita Sinha, Adv. Dr. P.b.reddy, Adv. Ms. Patnam Shyla, Adv. Ms. C.S. Hema, Adv. Mr. Vijay Kumar, Adv. Mr. Chand Qureshi, AOR Mr. Rakesh Kumar, Adv. Mr. Ankit Sharma, Adv. Mr. Saurabh Mishra, AOR Mr. Yashvardhan, Adv. Mr. Piyush Singh, Adv. Mr. Neelaksh, Adv. Mr. Amritesh Raj, Adv. Ms. An ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Mr. Niwas Kumar, Adv. Mr. Mukesh Kumar Singh, Adv. Mr. Jeetendra Kumar, Adv. Mr. Narendra Kumar Goyal, Adv. Mr. Shantanu Jugtawat, Adv. Ms. Kajal Rani, Adv. Mr. Ikshit Singhal, Adv. Ms. Sujata K Muni, Adv. Mr. Naveen Yadav, Adv. For M/S. Mukesh Kumar Singh And Co., AOR Mr. Rishi Kumar Singh Gautam, AOR Mr. Siddharth Mohan, Adv. Mr. Sachin Bajpai, Adv. Ms. Divya Singh, Adv. Mr. Abid Ali Beeran P, AOR Mr. Saswat Adhyapak, Adv. Ms. Namita Kumari, Adv. Mr. Mohit Bidhuri, Adv. Dr. Linto K.B., AOR Mr. Vijay K. Jain, AOR Mr. Parthapratim Chaudhuri, Adv. Mr. Satyendra Kumar, AOR Mr. H L Chumber, Adv. Ms. Roopa Paul, Adv. Mr. Parveen Paul, Adv. Mr. Roshan Singh Thakur, Adv. Mr. Vishal Rathee, Adv. Mr. Mareesh Pravir Sahay, AOR Ms. Yaman Verma, Adv. Ms. Srishti Malik, Adv. Ms. Chitra Chanda, Adv. For the Respondent : Mr. N Venkatraman, A.S.G. Mrs. Nisha Bagchi, Sr. Adv. Mr. Raj Bahadur Yadav, AOR Mr. Shashank Bajpai, Adv. Mrs. Sushma Verma, Adv. Mr. Navanjay Mahapatra, Adv. Mr. Anuj Srinivasan Udupa, Adv. Mr. Kanu Aggarwal, Adv. Mr. Annirudh Sharma II, Adv. Ms. Aishwarya Bhati, A.S.G. Mr. Sudarshan Lamba, AOR Mr. Shubhendu Anand, Adv. Mr. Saransh Kumar, Adv. Mr. Aman Sharma, Adv. Mr. Sachi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ehaak Jaggi, AOR Ms. Amrita Singh, AOR Mr. Ankit Gupta, Adv. Mr. Himanshu Chaubey, AOR Ms. Awantika Manohar, AOR Ms. Parul Dhurvey, Adv. Mr. Manish Paliwal, AOR Mr. Aditya Singh Bakshi, Adv. Mr. Tanmaya Agarwal, AOR Mr. Wrick Chatterjee, Adv. Mrs. Aditi Agarwal, Adv. Mr. Rudraksha Chandrayan, Adv. Mr. Rajat Joneja, Adv. Ms. Himanshi Madan, Adv. Mr. Rajesh P., AOR Mr. Shantanu Kumar, AOR Mr. Sanjeev Kumar, Adv. Mr. Ashutosh Kumar, AOR Mr. Puneet Singh Bindra, Adv. Ms. Charu Modi, Adv. Mr. Rishabh Gupta, Adv. Ms. Kriti Dang, Adv. Mr. Puneet Singh Bindra, AOR Ms. Jasmine Damkewala, AOR Ms. Vaishali Sharma, Adv. Mr. Divyam Khera, Adv. Mr. Venancio Dcosta, Adv. Mr. Gauri Goel, Adv. Ms. Gauri Goel, Adv. Mr. Faisal Sherwani, AOR Mr. Anupam Singh, AOR Mr. Sushmit Mishra, Adv. Ms. Nika Tiwari, Adv. Mr. Sameer Kumar, AOR Mr. Ramesh N. Keswani, Adv. Mr. Pranav Singal, Adv. Mr. Ravi Raghunath Vachher, Adv. Mr. Arjun Vachher, Adv. Mr. R. N. Keswani, AOR Mr. Aditya Bakshi, Adv. Mr. Ananta Prasad Mishra, AOR Mr. Raunaq Dalal, Adv. Mr. Karan Singh Dalal, Adv. Mr. Saurabh Sharma, Adv. Mr. Sukhinder Singh, Adv. Mr. Deepkaran Dalal, AOR Mr. Sanjeev Singh, Adv. Ms. Mudrakshi, Adv. Mrs. Mudrakshi, Adv. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ish Verma, Adv. Mr. Faizan Choudhary, Adv. Ms. Sadhna, Adv. Dr. Sujan Singh, Adv. Ms. Kanchan, Adv. Mr. Suresh Chandra Tripathy, AOR Mr. Sunil Kumar Sharma, AOR Mr. Hitesh Singh, Adv. Ms. Tanvi Munjal, Adv. Mr. Ritin Rai, Sr. Adv. Mr. Manu Beri, Adv. Mr. Prateek Kasliwal, Adv. Mrs. V. D. Khanna, Sr. Adv. Mr. Aakash Vashishtha, Adv. Mr. Sidharth Jain, Adv. Ms. Varnali Purohit, Adv. Mrs. V. D. Khanna, AOR Ms. S Janani, Sr. Adv. Mr. Deepak Goel, AOR Mr. K K Mishra, Adv. Mr. Sahil Nagpal, Adv. Ms. Alka Goyal, Adv. M/S. Lambat & Legiteam, AOR Mr. Kishor Lambat, Adv. Mr. Digant Mishra, Adv. Ms. Kashmira Lambat, Adv. Ms. Suja Joshi, Adv. Mr. Abhinav Deshwal, Adv. Mr. Kamal Mohan Gupta, AOR Mr. Amber Shehbaz Ansari, Adv. Mr. Gorakh Nath Yadav, Adv. Mr. Umang Tripathi, Adv. Mrs. Mehraj Hakim Ali, Adv. Mr. Gaurav Goel, AOR Mr. Kunal Malik, AOR Mr. Deepak Rikhari, Adv. Mr. Sunando Raha, Adv. Mr. Manish Awasthi, Adv. Mr. Abhishek, AOR Mr. Kailash Prashad Pandey, AOR Ms. Sunieta Ojha, AOR Ms. Talish Ray, Adv. Mr. Rajeev Kumar Panday, Adv. Mr. Milind Garg, Adv. Ms. Nikita Garg, Adv. Mr. Yaksh Garg, Adv. Ms. Atulika Ghawana, Adv. Mr. Suvidutt M.s., AOR Mr. Harshit Goyal, Adv. Mr. Devansh Srivasta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and (iii) the RBI to take strict action against the banks. Parallelly, some homebuyers approached the Real Estate Regulatory Authorities and various consumer fora for relief. The High Court, vide a common judgment dated 14.03.2022, dismissed the writ petitions owing to the alternate remedy available before the Real Estate Regulatory Authority. 6. Challenging the same, the homebuyers have approached this Court. The homebuyers allege that: (i) Since the subject matter of the writ petitions concerned public interest and thousands of homebuyers, the writ petitions ought not to have been dismissed by the High Court; (ii) Almost 70-80% of the loan amounts were disbursed by the banks to the builders-cum-developers as 'first tranche,' despite project milestones not being achieved; and (iii) The banks and financial institutions violated several provisions of the 2013 RBI Guidelines when disbursing the amounts as the disbursal was done without any form of due diligence on behalf of the banks. 7. On 05.11.2024, in order to have a better understanding of the latest stage of construction for the development projects and the large financial sums involved, and to ultimately ensure that reliefs ..... X X X X Extracts X X X X X X X X Extracts X X X X
|