writ directing
the respondent banks/financial institutions not to charge the pre-EMIs
or full EMIs from the petitioners/alike homebuyers. It is also prayed ... EMIs or full
EMIs to the respective respondent-banks/financial institutions.
However, around December, 2018, the builder started defaulting in
payments of the pre-EMIs
writ directing
the respondent banks/financial institutions not to charge the pre-EMIs
or full EMIs from the petitioners/alike homebuyers. It is also prayed ... EMIs or full
EMIs to the respective respondent-banks/financial institutions.
However, around December, 2018, the builder started defaulting in
payments of the pre-EMIs
agreed between the Petitioners and Respondent No.2 that
pre-EMIs shall be paid by Respondent No.2 for a maximum period of
48 months ... pertaining to the loan
including the period of pre-EMIs/EMIs, date of commencement of
EMIs, payment of interest, BPLR etc. form part
Loan Agreement, the defendant agreed to pay EMI/Pre EMI every
month. As per clause 2.7(b) of the Loan Agreement, the defendant also agreed ... under the Agreement between the parties agreed to pay not only pre-
EMIs but also the equated monthly instalment as worked out by the plaintiff
release payments to
Respondent No.2, the Petitioners paid the June Pre-EMI. However, as per the
Petitioners on 6th July, 2022, the Respondent ... EMI Interest/ EMIs in terms of the Loan
Agreement. Thus, in view of the failure of you the
Borrower(s) to pay the Pre-EMI
directing the Respondent No.3 and 4 not to charge
the Pre-EMIs or full EMIs from the Petitioners;
iii. Issue a writ ... state/stage prior to the demand for the Pre-EMI/EMI from
the Petitioners.
iv. Issue a writ in the nature of Mandamus/Certiorari
writ directing the Respondent No.2-bank not to charge
the Pre-EMIs or full EMIs from the Petitioner;
iii. Issue a writ ... state/stage prior to the demand for the Pre-EMI from the
Petitioner.
iv. Pass an appropriate order or directions to Respondent
writ directing the Respondent No.2-bank not to charge
the Pre-EMIs or full EMIs from the Petitioners and direct the
respondent ... state/stage prior to the demand for the Pre-EMI/EMI
1 Housing Development Finance Corporation
Signature Not Verified
WP (C) 8965/2024
Digitally Signed
accounts of the developers, who were to then pay the pre-EMIs or the full
EMIs on the sanctioned loan amount, until such a time ... which they pre-maturely disbursed to the developers from the petitioners.
Moreover, as per the agreement between the parties, the pre-EMIs and EMIs
were
Respondent
state to direct the banks/NBFCs to not charge the pre-EMIs or full
EMIs from the Petitioner under subvention plan scheme till ... Respondent state to direct the Banks/NBFCs to charge
all the pre-EMIs/full EMIs till the possession is not delivered from
the Respondent builders
