Rupees Twenty Eight Lacs
Only) from the total buyback amount of Rs. 66,08,000/-
(Rupees Sixty Six Lacs Eight Thousand Only) to the
Claimant ... Respondent at this stage to take an
objection that no option of buyback was availed by the
Claimant. It is obvious that the part buyback
merely a simple agreement to sell
or whether it is a buyback agreement entered into towards fulfilment of a pre-
existing buyback scheme as alleged ... averment that the amount
was invested by the complainant in a buyback scheme from the very inception
when the flat in question was allotted
merely a simple agreement to sell
or whether it is a buyback agreement entered into towards fulfilment of a pre-
existing buyback scheme as alleged ... averment that the amount
was invested by the complainant in a buyback scheme from the very inception
when the flat in question was allotted
company's day-to-day
operations. He referred to the buyback agreement on record,
which remains undisputed by the accused. The agreement
stipulated ... transferred upon payment. He asserted that the liability arises
from the buyback agreement and prayed for holding the accused
Digitally signed
by SIDDHANT
SIDDHANT KUMAR
company's day-to-day
operations. He referred to the buyback agreement on record,
which remains undisputed by the accused. The agreement
stipulated ... transferred upon payment. He asserted that the liability arises
from the buyback agreement and prayed for holding the accused
Digitally signed
by SIDDHANT
SIDDHANT KUMAR
company's day-to-day
operations. He referred to the buyback agreement on record,
which remains undisputed by the accused. The agreement
stipulated ... transferred upon payment. He asserted that the liability arises
from the buyback agreement and prayed for holding the accused
Digitally signed
SIDDHANT by SIDDHANT
KUMAR
amount and first
installments. The accused agreed/promised to pay a 10% buyback of total pre-registration
rate i.e. Rs.500/- per sq. yard ... question in the present complaint, in view
of a scheme of buyback of a land which was purchased by him. He admitted that
arrange meetings with the builder, and
inability to confirm execution of any buyback agreement.
Examination-in-chief of CW-2
13. CW-2 stated that ... complainant's company, Value Line Interiors Pvt. Ltd., structured as a buyback
arrangement in respect of certain immovable properties. As per the agreed terms
namely 'ATS Triumph'
in Sector 104, Gurgaon, under 'assured buyback' scheme wherein
apartment bearing No. 8082 was allotted ... 1500/- per sq ft.
subject to said option of 'buyback' being exercised by the investor i.e.
revisionist herein after expiry
payment receipt.
(vii) Ex. PW-1/6 i.e. buyback arrangement letter of plaintiff no.
1.
(viii) Ex. PW-1/7 i.e. buyback arrangement ... Suit No. 546/18 Page 11 of 12
Buyback arrangement letter issued by the defendant company to the
plaintiff
