Maharashtra Real Estate Appellate Tribunal Sets Final Hearing for GERA Development vs. Mohammed Farhan Memon Case

The Maharashtra Real Estate Appellate Tribunal has scheduled a final hearing for the GERA Development vs. Mohammed Farhan Memon case on June 7, 2023. The case involves two appeals filed by GERA Development Pvt. Ltd. against Memon, and a stay has been requested through two miscellaneous applications filed by the company.

Background of the Case

In the GERA Development vs. Mohammed Farhan Memon case, GERA Development Pvt. Ltd. has filed two appeals (G-06 and G-07) against Mohammed Farhan Memon. The case is before the Maharashtra Real Estate Appellate Tribunal in Mumbai.

It is unclear what the exact nature of the dispute is, as the information provided in the court order is limited. However, the case has been ongoing since at least November 2022, when an ad-interim order was issued.

Recent Developments

On May 3, 2023, a video conference hearing was held before the Maharashtra Real Estate Appellate Tribunal, with Chairperson S. S. Shinde and Member Dr. K. Shivaji presiding over the proceedings. Both parties' advocates were present during the conference.

The advocates for both parties informed the Tribunal that the pleadings were complete, and written submissions had been circulated. The ad-interim order dated November 30, 2022, was to continue until the next hearing. The final hearing was scheduled for June 7, 2023.

Implications of the Case

The outcome of the GERA Development vs. Mohammed Farhan Memon case could have significant implications for both parties involved, as well as for the real estate industry in Maharashtra.

If GERA Development Pvt. Ltd. is successful in its appeals, it could have a positive impact on the company's business operations and financial performance. On the other hand, if Memon prevails, it could have a negative impact on GERA Development's reputation and bottom line.

Moreover, the case could set a precedent for future real estate disputes in Maharashtra, particularly those involving developers and individual property owners. The Tribunal's decision could clarify certain legal issues and provide guidance for parties involved in similar disputes in the future.

Conclusion

The GERA Development vs. Mohammed Farhan Memon case is an ongoing legal dispute before the Maharashtra Real Estate Appellate Tribunal. The case involves two appeals filed by GERA Development Pvt. Ltd. against Memon, and a stay has been requested through two miscellaneous applications filed by the company.

A final hearing has been scheduled for June 7, 2023, after a video conference hearing was held on May 3, 2023. The outcome of the case could have significant implications for both parties involved, as well as for the real estate industry in Maharashtra.

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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