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Supreme Court - Daily Orders

Dhirender Sharma . vs Ememerald Court Owners Resident ... on 23 October, 2017

Bench: Chief Justice, A.M. Khanwilkar, D.Y. Chandrachud

     ITEM NO.36                          COURT NO.1                 SECTION XI

                               S U P R E M E C O U R T O F      I N D I A
                                       RECORD OF PROCEEDINGS

     Petition(s) for Special Leave to Appeal (C)               No(s).    14314/2014

     (Arising out of impugned final judgment and order dated 11-04-2014
     in WP No. 65085/2012 passed by the High Court Of Judicature At
     Allahabad)

     DHIRENDER SHARMA . & ORS.                                       Petitioner(s)

                                                VERSUS

     EMEMERALD COURT OWNERS RESIDENT WELFARE
     ASSOCIATION & ORS.                                                 Respondent(s)

     (IA No.67028/2017-APPROPRIATE ORDERS/DIRECTIONS and IA
     No.68049/2017-CLARIFICATION/DIRECTION and IA
     No.68461/2017-INTERVENTION APPLICATION and IA
     No.68465/2017-PERMISSION TO APPEAR AND ARGUE IN PERSON and IA
     No.96187/2017-INTERVENTION APPLICATION and IA
     No.96289/2017-impleading party)

     WITH
     SLP(C) No. 11959/2014 (XI); SLP(C) No. 12470/2014 (XI);
     SLP(C) No. 14262/2014 (XI);
     SLP(C) No. 21035/2014 (XI);
     (IA No.68091/2017-impleading party and IA No.68096/2017-APPROPRIATE
     ORDERS/DIRECTIONS)
     SLP(C) No. 31117/2014 (XI); SLP(C) No. 12947/2015 (XI); and
     SLP(C) No. 12948/2015 (XI).


     Date : 23-10-2017 This petition was called on for hearing today.


     CORAM :
                         HON'BLE THE CHIEF JUSTICE
                         HON'BLE MR. JUSTICE A.M. KHANWILKAR
                         HON'BLE DR. JUSTICE D.Y. CHANDRACHUD

                                   Mr. Gaurav Agarwal, Adv. (A.C.)

     For Petitioner(s)             Ms. Samridhi Jain, Adv.
                                   Mr. T.V.S. Raghavendra Sreyas, AOR
                                   Mrs. Gayatri Gulati Sreyas, Adv.
Signature Not Verified


                                   Mr. Abraham C. Mathews, Adv.
Digitally signed by
SATISH KUMAR YADAV
Date: 2017.10.25
17:02:13 IST
Reason:
                                   Ms. Mahima Gupta, AOR

                                   Mr. Ravindra Kumar, AOR

                                   Mr. Somiran Sharma, AOR
SLP(C)No.14314/14 etc. … contd.
                                              - 2 -
                                  Mr. M. Shoeb Alam, AOR
                                  Ms. Fauzia Shakil, Adv.
                                  Mr. Ujjwal Singh, Adv.

                                  Mr. Ashish Rana, AOR

                                  Mohd. Parvez Dabas, Adv.
                                  Mr. Uzmi Jameel Husain, Adv.
                                  Mr. Shakil Ahmed Syed, AOR

                                  Mr. Saurabh Jain, Adv.
                                  Mr. P.K. Jain, Adv.

                                  Mr. Suchit Mohanty, Adv.
                                  Mr. Anupam Lal Das, Adv.

     For Respondent(s)/           Mr. Akhlesh Kr. Pandey, Adv.
         Interveners              Mr. Prakash Kr. Singh, Adv.
                                  Mr. Rajeev Singh, AOR

                                  Mr. Umang Shankar, AOR

                                  Mr. Swaraj Raza, Adv.
                                  Mr. Jafri, Adv.
                                  Mohd. Waseem Akram, Adv.
                                  Ms. Pinky Behera, AOR

                                  Mr. Jayant Bhushan, Sr. Adv.
                                  Mr. Milind Kumar, AOR

                                  Mr. Ravi Prakash Mehrotra, AOR

     For Supertech Ltd.           Mr.   R. Chandrachud, AOR
                                  Mr.   Keshav Mohan, Adv.
                                  Mr.   Rajnish Singh, Adv.
                                  Mr.   Nitin Thukral, Adv.
                                  Mr.   Piyush Choudhary, Adv.

                                  Ms. V. Mohana, Sr. Adv.

                                  Mr. P.S. Narasimha, ASG
                                  Mr. M. Rambabu, Adv.
                                  Mr. B.K. Prasad, Adv.

                                  Mr. Ravindra Kumar, AOR

                                  Mr. Vishwa Pal Singh, AOR

                                  Ms. Bina Gupta, AOR

                                  Mr. Sanjai Kumar Tyagi, Adv.
                                  Mr. G.R. Pandey, Adv.
                                  Mr. Vinay Garg, AOR
SLP(C)No.14314/14 etc. … contd.
                                                  - 3 -

                                    Mr. Tarun Gupta, AOR

                                    Mr. Gaurav Kejriwal, AOR

              UPON hearing the counsel the Court made the following
                                     O R D E R

Mr. Gaurav Agrawal, learned Amicus Curiae has filed a chart which contains the names of persons who have not been refunded anything but who have opted for refund through Web Portal and also the names of persons to whom Return of Investment (ROI) has been paid but principal amount has not been refunded. The chart also shows the names of persons who have received ROI and/or also the principal amount. The other part of the chart indicates the list of persons who have taken loan under the Subvention Scheme where the EMI is paid by Supertech till possession is given.

Be it noted, the developer has already deposited Rs.20 crores before this Court which has been kept in a fixed deposit. Mr. Gaurav Agarwal shall provide the names of those persons who have not been given a single pie towards refund, to the Registry. The Registry shall refund the principal amount to them as per data given by Mr. Agrawal. No interest shall be disbursed for the present.

As far as the home buyers are concerned who have been paid ROI, a contention is advanced by the learned counsel for the developer that the same has to be computed as a part of the principal amount. Without getting into the said issue at present we are inclined to direct that the principal amount deposited by them with the developer minus the ROI shall be paid by the Registry on the basis of the data given by Mr. Agrawal. Mr. Agrawal shall assist the concerned officer of the Registry in identification. The developer shall deposit a further sum of Rs.2,00,000/- (Rupees two lacs) within a week hence, which shall be paid to Mr. Agrawal towards actual expenses.

It is further directed that the Portal shall be kept open. In the course of hearing, we have also been apprised the data of 38 persons has to come from the developer. Learned counsel for SLP(C)No.14314/14 etc. … contd.

- 4 -

the developer has agreed that the same shall be supplied to Mr. Agrawal within a week hence. Any other home buyer who is inclined to have refund can send details by E-mail to Mr. Agrawal within two weeks. The E-mail ID of Mr. Agrawal is [email protected].

Needless to say the rate of interest and the adjustment of ROI towards principal sum shall be adverted to at a subsequent date.

Matter be listed on 04th December 2017 for final disposal.

     (SUBHASH CHANDER)                                  (H.S. PARASHER)
        AR-CUM-PS                                    ASSISTANT REGISTRAR