NAA directs DGAP to reinvestigate alleged profiteering by Prestige Estate Projects Ltd.

Deepak Naik Vs Prestige Estate Projects Ltd. (NAA)

We find this to be a fit case where the Respondent’s claim of having passed on the benefit to his recipients/homebuyers requires to be verified against third party evidence in the form of written acknowledgements receipts from the homebuyers evidencing the receipt of the benefit, including its quantum and also evidencing that the said benefit is in terms of Section 171(1) of the Please become a Premium member. If you are already a Premium member, login here to access the full content.