Arbitral
Tribunal passed an order directing status quo regarding termination of
the Development Agreement be maintained.
29. RLDA filed an appeal under Section ... Arbitral Tribunal on the ground that the dispute regarding
termination of the Development Agreement was not before the
Arbitral Tribunal.
O.M.P. (COMM
respondent had entered into
two agreements namely a) Agreement for Development and b)
Infrastructure Development Service Agreement (in short IDSA), both
dated ... this Agreement for a
Developer event of default- (whether under this Agreement or
under the Development Agreement), the unspent Advance
Development Cost shall only
Project upon execution of the
Development Agreement. Save and except the
construction permitted for land development under this
Development Agreement, any other construction work
upon ... Agreement
directly by issuance of a Termination Notice.
Provided that in case of termination of the
Development Agreement under this Clause 29.3.2,
RLDA shall
development agreement and thus, the appellant
was entitled for the reliefs of specific performance of the development
agreement. It is contended that it was illegal ... second contention that the development
agreement made no provision for termination of development
agreement and therefore, the termination of the agreement by the
respondent
erroneous direction to set aside the order of termination of the Joint
Development Agreement dated 08.11.2010.
Prayer in O.P.No.542 of 2018: Petition ... case,
however, in Law the question of termination of Joint Development
Agreement by the learned Arbitrator is against the substantial
provision of law and findings
allotted and how the society resolved to enter into
the development agreement. The development was to be completed within
15 months from commencement certificate which ... cause of action had arisen in 2010 to
terminate the development agreement and that termination was legally valid
and binding. If this issue is decided
Whether the Plaintiffs prove that the
termination of Development Agreement dated 14th
July 1987 is valid and binding on Defendants?
2. Whether the Plaintiffs prove ... Whether Defendants Nos. 1 to 3 prove that the
termination of the Development Agreement dated
14th July 1987 and Power of Attorney dated 16th
July
impugned ALP adjustment is termination, vide termination
deed dated 24th November 2011, of the agreement dated 6th June 2007 (Framework
Agreement ... IDFC Agreement- has been
terminated during the year pursuant to a termination agreement dated 24
November 2011. Upon termination of IDFC Framework Agreement
M/S. M.P. Audhyogik Kendra Vikas Nigam, ... vs The Dcit 3(1), Indore on
Shivalik Ventures Pvt. Ltd.
proposal to Slum Development Authority (SRA) for development of the
plot. After allocation of area for welfare purposes, it was entitled ... venture agreement with M/s Chandiwala Enterprises on 08-08-2007 for
continuing development work of the plot. As per the joint venture
agreement
