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VINOD VERMA (C E O)     14 April 2014

Realtors frauds

THE ALLAHABAD HIGH COURT IN A LAND MARK JUDGEMENT HAS ASKED THE NOIDA AUTHORITIES TO RAISE TO GROUND 2 UNOFFICIALLY BUILT TOWERS IN THEIR PROJECT EMRALD COURT, OFCOURSE THE HOM'BLE, HIGH COURT HAS ASKED THE REALTOR TO PAY BACK THE MONEY OF THE FLAT BUYERS WITH 14% INTEREST, NO TIME FRAE HAS BEEN GIVEN, AS AND WHEN THE MONEY IS TO BE PAID BACK. THIS PART HAS BEEN COMPLETELY OVER LOOKED BY THE HON'ABLE COURT, WITH DUE RESPECT TO THE SYSTEM OF JUSTICE DELIVERY IN INDIA, I WOULD REQUEST THAT TIME FRAE SHOULD ALSO BE COMPULSORY. THERE IS EVERY LIKELY HOOD OF THE REALTOR SEEKING SHELTER WITH APEX COURT AND MAY DELAY THE MATTER FOR ANOTHER DECADE. HAS ANY ONE THOUGHT  THE PLIGHT OF 627 FAMILIES THAT HAD PUT IN THEIR LIFE LONG SAVING FOR A DREAM HOME. IF NOIDA AUTHORITIES ARE TO BE BLAMED FOR THE ENTIRE DEFAULT, SO ARE THE REALTOR AND THEIR TOUTS/AGENTS, WHO GAVE A ROSY PICUTURE AND TRAPPED THE INNOCENT HOME BUYERS. THEY SHOULD ALSO BE NAMED IN THE FIR AND BE BOOKED UNDER 465, 467, 471, 420, & 120B AND SHOULD NOT BE GRANTED BAIL TILL THE ENTIRE PAYMENT OF THE FLAT OWNERS IS MADE, AS IS IN THE CASE OF  SBHURTO RAO (SAHARA) ANOTHER CON MAN IN JAIL FOR CHEATING INNOCENT PEOPLE. THE EOW OF OUR GOVERNMENT NEEDS TO BE STRENGTHED FURTHER SO THAT THESE FRAUDS BY THE WHITE COLLARED PEOPLE ARE NOT LET GO SCOT FREE



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 2 Replies

Dr J C Vashista (Advocate)     14 April 2014

Vague query, whether this is a comment on judgement or an article on the subject. I could not find out the query.

T. Kalaiselvan, Advocate (Advocate)     14 April 2014

What do you actually want to say?, if the affected party has any grievance he can very well approach the court for relief.


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