The Maharashtra Real Estate Appellate Tribunal recently granted liberty to Pratibha Fabrics Ltd. and Spectrum Dyes & Chemicals Private Ltd. to file a rejoinder in their respective appeals against Macrotech Developers Ltd. The decision was made during a video conference hearing held on May 3, 2023.
Background of the Case:
Pratibha Fabrics Ltd. and Spectrum Dyes & Chemicals Private Ltd. had filed separate appeals against Macrotech Developers Ltd. before the Maharashtra Real Estate Appellate Tribunal. The case number for the Pratibha Fabrics Ltd. appeal is AT006000000052817, and the case number for the Spectrum Dyes & Chemicals Private Ltd. appeal is AT006000000052820.
During the previous hearing held on April 11, 2023, the Tribunal had directed the appellants to deposit Rs.10,0001- each. The appellants complied with the order by depositing the required amount on April 25, 2023, and also filed a compliance report which was served on the respondent.
Details of the Hearing:
During the May 3, 2023 hearing, the counsel for the appellants informed the Tribunal that they had complied with the previous order, and also sought liberty to file a rejoinder, if necessary. The counsel for the respondent sought four weeks' time to file and serve a reply before May 31, 2023.
After hearing both parties, the Tribunal granted the respondent's request for time to file a reply, and also granted liberty to the appellants to file a rejoinder, if any, before June 10, 2023. The Tribunal also granted liberty to both parties to file and circulate written submissions well before the next date of hearing, which is scheduled for June 19, 2023, for final hearing.
Analysis of the Decision:
The decision of the Maharashtra Real Estate Appellate Tribunal to grant the appellants liberty to file a rejoinder is a significant development in the case. This decision allows the appellants to respond to the respondent's reply and present their arguments before the Tribunal.
The fact that the Tribunal has granted liberty to both parties to file written submissions well before the final hearing is also noteworthy. This indicates that the Tribunal is willing to consider all the relevant evidence and arguments before making a final decision in the case.
The Maharashtra Real Estate Appellate Tribunal's decision to grant liberty to Pratibha Fabrics Ltd. and Spectrum Dyes & Chemicals Private Ltd. to file a rejoinder in their appeals against Macrotech Developers Ltd. is a positive development for the appellants. This decision allows the appellants to present their arguments and respond to the respondent's reply before the Tribunal.
The next date of hearing is scheduled for June 19, 2023, and both parties have been granted liberty to file written submissions well before the hearing. It remains to be seen how the case will unfold and what decision the Tribunal will ultimately make.
Note: The information provided in this article about Maharashtra Real Estate Regulatory Authority (MahaRERA) is for informational purposes only. It is not intended as legal or professional advice and readers should consult qualified professionals for advice specific to their circumstances.
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