CEASE AND DESIST FROM RECOVERING
ANY KIND OF DUES, INCLUDING PRE-EMI AND EMI PAYMENTS
FROM THE PETITIONERS IN RESPECT OF THE LOAN AMOUNTS
DISBURSED ... prior to the default on the
pre-EMIS / EMIS by Respondent No. to the default
on the pre-EMIS/EMIs by Respondent
release of 71 apartment units that comprises 60 unsold units, 6
pre-EMI scheme units and 5 cancelled units", has never been
agreed ... unencumbered PLUS 45 already sold
to existing customer units that includes pre-EMI Scheme units
PLUS all of receivables from existing customers in total
Direct the Respondent No. 6, 7 & 8 Developers to
pay Pre-EMI/EMIs.
iv. Direct the Respondent Bank (R5) to restrain from
any precipitative ... present petition.
v. Direct the respondent bank to refund the pre-
EMIs/Full EMIs paid by the petitioner.
vi. Direct
DIRECTING RESPONDENT BANK/FINANCIAL
INSTITUTIONS TO CEASE AND DESIST FROM RECOVERING
PRE-EMI AND EMI PAYMENTS FROM THE PETITIONERS
AGAINST THE FUNDS DISBURSED BY THEM ... directing
Respondent bank/financial institutions to cease and desist
from recovering Pre-EMI and EMI payments from the
Petitioners against the funds disbursed by them
Petitioner.
c. Direct the Respondent No. 6 Developer to pay Pre-
EMI/EMIs.
d. Direct the Respondent Bank (Respondent No.5) to
restrain from ... present
petition.
e. Direct the respondent-bank to refund the pre-
EMIs/full EMIs paid by petitioner.
f. Direct the Respondent
DIRECT THE RESPONDENT
NO. 6, 7 AND 8 DEVELOPERS TO PAY PRE-EMI/EMIS;
D) DIRECT THE RESPONDENT BANK (RESPONDENT
NO.5) TO RESTRAIN FROM ... PRESENT
PETITION; E) DIRECT THE RESPONDENT-BANK TO
REFUND THE PRE-EMIS/FULL EMIS PAID BY
PETITIONER; F) DIRECT THE RESPONDENT
directing
Respondent bank/financial institutions to cease and desist
from recovering Pre-EMI and EMI payments from the
Petitioners against the funds disbursed by them ... possession;
c) Direct the Respondent Bank/financial institutions to
refund the Pre-EMIs and EMIs paid by the Petitioners to
the Petitioners and recover
Mr Arvind Santhanam Prasad vs Union Of India on 14 September, 2022
Author: Krishna S
They jointly and severally represented
and given payment options through pre-EMI/EMI.
6. The bank officials colluded accused Nos.1 to 7 and
they ... accused No.1 was obligated and
mandated to make payment of pre-EMI/EMI till the date of
possession of the unit or exercise
averment in the complaint that the complainant had availed a
No Pre-EMI Scheme, wherein the Company was obligated to remit
payment of interest ... liability from the breach of
contractual obligation, under the No Pre-EMI Scheme. He would
contend that the presumption under Sections
