2020 Supreme(SC) 397
SUPREME COURT OF INDIA
Arun Mishra, Uday Umesh Lalit, JJ.
BIKRAM CHATTERJI & ORS. – PETITIONERS
VERSUS
UNION OF INDIA & ORS. – RESPONDENTS
I.A.NOS. 49238 OF 2020, 49239 OF 2020, I.A.NO.29350 OF 2020, I.A.NOS. 166987 OF 2019, I.A.NO. 29699 OF 2020, I.A.NOS.155624 OF 2019, I.A.NO.141062 OF 2019 AND I.A.NO.49139 OF 2020 IN WRIT PETITION [C] NO.940 OF 2017
Decided On : 10-06-2020
For Court Receiver :R. Venkataramani, Advocate
Forensic Auditor(s) :Pavan Aggarwal, Advocate
IMPORTANT POINTS
(1) Court can fix a reasonable rate of interest.
(2) NBCC is not responsible for attending to queries made by home buyers.
Headnote:
Real Estate – Flat Buyers Agreement – Grievances of home buyers of Amrapali Golf Homes, Greater Noida – NBCC is not responsible for attending to queries made by home buyers – Premium and other dues payable under lease deeds to Noida and Greater Noida Authorities cannot be recovered from home buyers or projects in question – Developers and applicants and home buyers have acquired valuable right in land by paying hefty amount – Developers have made numerous efforts by approaching concerned authorities for redressal of their grievances – Till date, there has been no resolution – Neither Authorities nor State Government has taken the issues seriously – Issue of interest affects public at large, particularly home buyers and interest of banks and financial institutions as well besides that of Authorities – Rate of interest, on which agreements were entered into, has gone down by now – Present lending rate is much below and RBI has taken several steps to revive economy – In such a scenario, it would never be possible to make payment of interest at the rate fixed by authorities and also a penal interest to be realized by concerned authorities – Home buyers are not able to obtain fruits of investment and are deprived of legal title of flats – Court can fix a reasonable rate of interest – Considering current state of real estate, projects are standstill and in order to give impetus to such housing projects and mainly considering plight of home buyers and that 114 plots were allotted from 2005 onwards, most of projects are incomplete; rate of interest on outstanding premium and other dues to be realized in all such cases shall be at the rate of 8% per annum and Noida and Greater Noida Authorities to do restructuring of repayment schedule so that amount is paid and Noida and Greater Noida Authorities are able to realize the same – In case of failure to pay, concession granted shall stand withdrawn – However, at the same time, Noida and Greater Noida Authorities shall also ensure that not only instalments/money are deposited, but also all such projects are completed within stipulated time. (Paras 4, 12, 35, 39, 41 and 42)
Result : Directions issued.
ORDER
In Re I.A.No.49238 of 2020 seeking directions filed by NBCC (I) Ltd.
1. By way of I.A. No.49238 of 2020, NBCC has submitted that it has established the work on the following conditions:
i. “NBCC will not be held responsible for any existing disputes involving and in relation to the Projects;
ii. NBCC will not be held responsible for any disputes arising from the contracts entered into by Amrapali in relation to the Projects;
iii. NBCC will not be held responsible for any past or present liabilities in relation to the Projects, including on account of dues of homebuyers, vendors, contractors, government authorities, etc.;
iv. NBCC will not be liable in relation to any disputes, including before any Court or Arbitrator, existing or arising at a later date, with the existing vendors, contractors, co-developers, landowners, home- buyers, banks, financial institutions, other lenders and creditors and any government authority.”
2. As NBCC is appointed as a Project Management Consultant to complete various projects, it was permitted to float the tenders and prepare DPRs. It is submitted that NBCC has completed two projects and floated tenders for other projects, barring three projects. However, various home buyers are approaching different courts in different jurisdictions across the country, making NBCC a party. The complaints/petitions are filed against NBCC seeking reliefs, such as refund of amounts that home buyers have paid to the Amrapali Group or to grant possession of flats, etc. The NBCC is forced to defend itself in different Courts being a party to the said petitions. For instance, a summon has been received from the State Consumer Redressal Commission, Lucknow against the CMD. The NBCC has been arrayed as respondent No.3. A complaint has also been preferred by one of the home buyers of the Amrapali Golf Homes, Greater Noida. They are receiving various letters, emails, messages, calls seeking updates regarding the progress of work being undertaken by the NBCC for their respective projects. Reply to every home buyer is a herculean task, and much time is being consumed in the process. The NBCC is ready and willing to submit monthly project reports with all relevant information and photographs in respect of each project to the learned Receiver, which can be made available on the blog/website for the information of home buyers, for that the NBCC has already made a request to the learned Receiver as such various directions have been sought.
3. NBCC is asked by this Court to complete the incomplete projects. It is not liable for any legal action. In view of the order that has been passed by this Court, the NBCC is immune from any such actions, and we request the Courts/ Consumer Redressal Commission and other authorities not to permit impleadment of NBCC as respondent and not to issue summons to NBCC as they are doing the work under the supervision of this Court and are not answerable to any other court, tribunal, authorities. They are granted immunity to be sued in any other court or commission, and they are answerable to this Court only in the pending proceedings. Thus, they cannot be dragged in the litigation filed by existing home buyers, previous contractors, co-developers, landowners, banks, financial institutions, other lenders and creditors, and any Government authorities before any other Court/ Commission or Authority.
4. It is also made clear that NBCC is not responsible for attending to queries made by the home buyers. They have to report the progress to the learned Receiver, and we request the learned Receiver to put progress reports of projects on the blog/website.
With the said directions and observations, we dispose of I.A. No.49238 of 2020.
In Re I.A. No.29350 of 2020 in I.A. No.13175 of 2019 filed by Royalgolf Link City Projects Private Limited
5. I.A. No.29350 of 2020 has been filed by Royalgolf Link City Proje