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Case Law Details

Case Name : Priyanka Taksh Sood Vs Sunworld Residency Pvt. Ltd (Delhi High Court)
Appeal Number : ARB. P. 868/2021
Date of Judgement/Order : 19/04/2022
Related Assessment Year :
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Priyanka Taksh Sood Vs Sunworld Residency Pvt. Ltd (Delhi High Court)

Does the Real Estate (Regulation & Development) Act, 2016 bar other remedies available?

Introduction:

The present matter, Priyanka Taksh Sood & Ors. v. Sunworld Residency Pvt. Ltd. & ANR, was adjudicated by the High Court of Delhi before Hon’ble Justice Sanjeev Narula. The present case was filed invoking the provisions of Section 11(6) of the Arbitration and Conciliation Act, 1996, seeking appointment of a Sole Arbitrator for reference of a dispute between the parties. Here the allottees opted to cancel the allotment letter and surrender the subject flat. However, Sunworld failed to refund the money, hence the allottees are seeking to resolve the dispute under Arbitration & Conciliation Act, 1996.

Background of the Matter:

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Author Bio

Smriti Legal LLP is a sector focused law firm headquartered at Bengaluru with associated offices nationwide. The firm specializes in RERA litigation and legal advisory services under The Real Estate (Regulation and Development) Act, 2016 (www.smritilegal.com) Contact: +91 97400 12005 View Full Profile

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