20 years on, court rejects former hsg society members' refund claims over lease violations
India, Oct. 26 -- More than 20 years after five former members of a cooperative housing society in Juhu Vile Parle Development (JVPD) Scheme moved court seeking a refund of Rs.31 lakh plus interest from the housing society, a co-operative court dismissed their plea, saying they were not entitled to any monetary refunds or benefits from the society as they had failed to adhere to lease conditions and society regulations.
In the petition filed on December 26, 2005, five former members of Hatkesh Co-operative Housing Limited sought Rs.31.07 lakh plus interest from the society, towards recovery of performance deposit, annual benefits, transfer premium difference, flood relief fund and three gold coins weighing 50 grams each. The claims were ...
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