negotiations with the petitioner. Such post
termination negotiations were not fruitful. In fact the termination of the
development agreement dated 09 July 2015 had remained ... take any steps to
assail the termination even assuming that the termination of the
development agreement can be said to have taken place
responded
nor challenged the termination notice and in fact, has accepted the
termination.
17. Eventually, in view of the development agreement itself being
terminated ... additional affidavit. Mr.
Krishna has fairly conceded that termination of the development
agreement was not assailed by his client and no proceedings whatsoever
are initiated
Plaintiff
has rights under this Agreement and the unilateral termination of the
Development Agreement between Defendant Nos. 1, 2 and 3 on the one
hand ... unimpressed with the arguments canvased by Mr.
Chinoy. Firstly, the termination of the Development Agreement entered
into by Defendant Nos. 4 and 5 with Defendant
parties
under the Joint Development Agreements nor discussed about the negotiating
and executing of Joint Development Agreements and its conditions. The
tribunal failed to appreciate ... Joint Development Agreements nor taken into
consideration about the termination of the Joint Development Agreements by
virtue of the notice.
j. The impugned award which
also submitted that the fact of the termination of development
agreement was brought to the attention of the RP vide letter dated
06.04.2019 and again ... agreement whereas in
the present case the insolvency is not the result of the breach of
development agreements. Furthermore, the purported termination
letter of October
also submitted that the fact of the termination of development
agreement was brought to the attention of the RP vide letter dated
06.04.2019 and again ... agreement whereas in
the present case the insolvency is not the result of the breach of
development agreements. Furthermore, the purported termination
letter of October
Authority of India,
Rajiv Gandhi Bhawan,
New Delhi - 110003
Sub: Termination of the Lease Agreement dated 21.03.2002
executed between AAI and the Hotel Corporation ... AAUDIAL as per provisions in the Lease Agreement after the
above-mentioned date. Further expenditure on development of
Centaur Hotel and Chefair Flight Catering Delhi
Court on
behalf of the society. Also, the purported termination of the
development agreement and the power of attorney was revoked. The
General Body Resolution ... stand that by resolution dated 28 February 2021, the purported
termination of development agreement stood withdrawn and revoked
and that the society accepted the position
Development Agreement has been found
completely lacking. In this regard, the GoTS/HMDA is constrained to
take action against Developer and the Development Agreement
stands ... conditions
of the development agreement by the developer/petitioners. As is
evident from the material on record the said development
agreement contains a clause providing
development of the Society Property
earlier granted under DA dated 8* October 2010.
lb. The parties agree as under that the termination of Development
Agreement ... reference of the Development Agreement
as well as the present Supplementary Agreement shall be given, by the
Developers in the RERA Agreements to be executed
