In a significant development, a long-standing land dispute has come to a resolution as the Maharashtra Real Estate Appellate Tribunal in Mumbai disposed of the appeal filed by the parties involved. The case, registered as Appeal No. AT006000000053105, witnessed a breakthrough as the disputing parties reached a mutual agreement and filed consent terms. This article provides an in-depth analysis of the proceedings and sheds light on the implications of the tribunal's decision.
Background of the Case:
The land dispute, involving the CCI Project, has been a matter of contention for a considerable period. The Maharashtra Real Estate Appellate Tribunal has been overseeing the case, which came before the tribunal with an appeal filed by the applicant against the non-applicants. The appeal was registered as Review Application No. 34 of 2022.
Compromise and Consent Terms:
After extensive negotiations, the parties involved in the land dispute arrived at a compromise and filed consent terms with the tribunal. The consent terms were reviewed and accepted by the tribunal members, namely Shri Ram R. Jagtap (Member J) and S.S. Sandhu (Member A), on the 18th of April, 2023, through video conferencing. The presence of Mr. Ashish Jaiswal (respondent no. 1) and Mr. Raunaq Rathi, the authorized representative of the appellant, was noted during the proceedings.
Acknowledgment and Acceptance:
During the hearing, Mr. Ashish Jaiswal and Mr. Raunaq Rathi confirmed their signatures on the consent terms and admitted to the contents stated within. It was further established that the parties mutually agreed that the impugned order would not serve as a precedent for future cases.
Disposal of the Appeal:
As a result of the parties' agreement and the acceptance of the consent terms, the appeal registered as Review Application No. 34 of 2022 was disposed of by the tribunal. The disposal of the appeal signifies the end of the legal battle between the parties involved in the land dispute. Furthermore, any pending miscellaneous applications related to the case were also disposed of by the tribunal.
The resolution of the land dispute through mutual agreement and the subsequent disposal of the appeal by the Maharashtra Real Estate Appellate Tribunal marks a significant milestone in the legal proceedings. The consent terms filed by the parties highlight their willingness to find a common ground and reach a compromise, thereby saving time, effort, and resources that would have been otherwise expended in a prolonged legal battle. While this case may not serve as a precedent for future disputes, it sets an encouraging example for the parties involved in similar conflicts to explore mediation and compromise as a means of resolution.
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. The information provided in this article is based on the case number AT006000000053105 before the Maharashtra Real Estate Regulatory Authority
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