BusinessSupreme Court Orders Parsvnath To Deposit Rs 12 Crore Within 4 Weeks
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Supreme Court Orders Parsvnath To Deposit Rs 12 Crore Within 4 Weeks
Consumer court had asked Parsvnath to refund money to flat buyers
Parsvnath had appealed in Supreme Court against it
The money has to be deposited in four weeks
The Supreme Court asked Parsvnath Buildwell to deposit the amount within four weeks.
The Supreme Court on Thursday asked real estate developer Parsvnath Buildwell to deposit Rs 12 crore with the court as it hears its appeal against the consumer court order in its "Exotica" project in Ghaziabad. The money has to be deposited within four weeks.
The top court refused to provide any interim relief to Parsvnath, asking the developer to refund money to 70 buyers whose flats have not been delivered yet. The top court has a...