Wednesday 17 February 2010

Copy of Bombay High Court Order on Hiranandani Scam, Mumbai

Respected All,
 
Kindly find attached alongwith the interim order of the Bombay High Court in the case related to Hiranandani. You would be aware that how the Developer played a fraud on the city, especially the working class by constructing a platial complex spread over 230 acres which was originally meant for LIG & MIG  housing in conviance of the politicians and officials.
 
Below are few of the highlights of what court has said: 

“The land was leased upon a pittance of Rs.1/- per hectare came to be developed as a goldmine realising from such investment millions of rupees worth of real estate.”

“It appears that the State sought to make amends on behalf of the developer and, in the words of the petitioners, sought to shield the developer.”

“The breach of provisions of law or contract between the parties cannot be allowed to continue once it is made known to Court.”

“It is clear that clause 7(iii) and 8(i) of the tripartite agreement havebeen wholly breached. The required flats have not been constructed and consequently the network of infrastructure has not been provided within the 10 year period during which the construction was to be completed. The open spaces for schools, parks, service industry, hospital etc. have not been left.”

“Though we do find a lot of substance in the Petitioners contention that the State Government officers in collusion with the developer have turned a Nelson’s eye to the gross violations of the tripartite agreement by the developer, which has resulted in the aggrandisement of the developer alone which smacks of acts of corruption, leaving the petitioners free to take up the issue of corruption in a criminal prosecution against any errant public officers and the developer.”

The next hearing of the case is on 29th March 2012. 

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