said land was unapproved one, the petitioners entered into a Joint
Venture Agreement with the second respondent and received a sum of
Rs.3 Crores ... second respondent.
7. In fact, the second respondent, after Joint Venture Agreement,
developed the said property by putting up compound wall in and around
property and due to which he entered into joint venture
agreement to develop the property belongs to the respondent herein.
Thereafter, for the purpose ... Nagar, Chennai – 600 078.
As per the agreement, the petitioner, being a developer has to pay a rent of
Rs.25,000/- to the respondent
first accused and also entered
into a joint venture agreement to develop the said property owned by the
wife of the defacto complainant ... strength of the power of
attorney, the first accused entered into an agreement for sale of undivided
share and construction of a flat
owners of the subject property. They intend to
develop the same and entered into a Collaboration Agreement ... dated
20.12.2006 with M/s.Orchid Infrastructure Developers (Private) Limited for
developing our lands. The said agreement was presented for registration.
However, the first respondent
petitioner lodged a complaint alleging that he had entered into
an agreement to purchase the subject property owned by the respondents 5 to
10 herein ... first accused. However
thereafter, it was converted into a joint venture agreement to develop the same.
The first accused assured that there is no encumbrance
reserved for public purpose is saleable by the developer, it
cannot be sold as the developer stands in the capacity of custodian,
trustee ... petitioner association.
5. Further as per the condition on agreement for sale cum
construction, the developer ought to have completed all the facilities and
amenities
second respondent had executed joint
development agreement and also had executed power of attorney to
develop the property owned by the second respondent. Thereafter ... power of attorney. As per the joint
development agreement, the first petitioner viz., the developer
unconditionally agreed that no single site of the schedule property
floated by the second accused. He has agreed to execute a separate
agreement for the said purpose of returning the said amount to the second ... they have given power to develop the subject property. As per
the terms and conditions of the agreement dated 14.03.2014, the respondents
have to sell
Cross Street, West CIT
Nagar, Nandhanam, Chennai-35. In order to develop the said property
into flat scheme, the property was entrusted ... Nagar, Nandhanam,
Chennai-35. In order to develop the property, he entered into join venture
agreement with the first and second accused. He had executed
allotment of two residential flats in the project of M/s.Sheltrex Developers
Private Limited and received allotment orders. Thereafter, the first accused
sent ... executed two construction agreements in
favour of the wife of the defacto complainant. As per the terms of the
construction agreement, they have to complete
