Respondent No.4, the payment of pre-equated
monthly instalments (pre-EMI) from the month of first disbursal of the loan
amount till possession ... submitted that, as Respondent No.3 failed to pay the
said pre-EMI instalments, Respondent No.4 started recovery action by sending
a Loan Recall
writ directing the Respondent Bank/Financial Institutions not to
charge the Pre-EMIs or full EMIs from the Petitioners/alike Home
buyers till the possession
writ directing the Respondent Bank/Financial Institutions not to
charge the Pre-EMIs or full EMIs from the Petitioners/alike Home
buyers till the possession
which
amount relates to the booking amount, Pre-EMI paid by the
Applicants including Arbitration Costs and in respect of which,
execution has been sought
Respondents. It appears that the Appellant-promoter discontinued
servicing of pre-EMI interest in respect of the loan amounts after
November 2019 in respect
Respondents. It appears that the Appellant-promoter discontinued
servicing of pre-EMI interest in respect of the loan amounts after
November 2019 in respect
refund to complainants
the paid amount along with amounts paid towards
pre EMIs and also the statutory taxes within 45 days
from the date
defendants
make a statement that as far as the liability towards pre EMI
interest is concerned, he has discharged the same to a larger
extent
agreement
entered into and only after payment of all equated monthly
installments (EMI), the ownership vests with the customer; the
title documents of the goods ... principal amount contained in such installments; this notification
pre-supposes that an EMI comprises of the principal amount and
the interest amount and government
Code of
Criminal Procedure, 1973 for cancellation of pre-arrest bail granted to
Respondent Nos.2 to 4 vide order dated 08/08/2017 passed ... said crime, the
Respondents had sought pre-arrest bail.
4. Learned Judge while granting the pre-arrest bail has
observed that the Respondents are engaged