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2023 Supreme(Del) 352

IN THE HIGH COURT OF DELHI AT NEW DELHI
PURUSHAINDRA KUMAR KAURAV, J.
Supertech Urban Home Buyers Association (Suha) Foundation Through Its Authorized Representatives - Petitioner
Versus
Union Of India, (Ministry Of Housing And Urban Affairs), Through Its Standing Counsel, Nirman Bhawan, Maulana Azad Road, New Delhi-110011 and Ors. - Respondents
W.P.(C) No.9491 Of 2020 & CM No. No.30535 Of 2020 With W.P.(C) 14620/2022, W.P.(C) 1468/2023, W.P.(C) 1632/2023, W.P.(C) 14683/2022, W.P.(C) 15237/2022, W.P.(C) 17347/2022, W.P.(C) 719/2023, W.P.(C) 749/2023, W.P.(C) 859/2023, W.P.(C) 891/2023, W.P.(C) 953/2023, W.P.(C) 1089/2023, W.P.(C) 1122/2023, W.P.(C) 1165/2023, W.P.(C) 1219/2023, W.P.(C) 1313/2023, W.P.(C) 14589/2022, W.P.(C) 17500/2022, W.P.(C) 1038/2023, W.P.(C) 1941/2023, W.P.(C) 7443/2022, W.P.(C) 5192/2022, W.P.(C) 8972/2022, CONT.CAS(C) 939/2022, W.P.(C) 11063/2022, W.P.(C) 8785/2022, CONT.CAS(C) 1207/2022, W.P.(C) 9493/2020, W.P.(C) 1144/2021, W.P.(C) 1149/2021, W.P.(C) 1225/2021, W.P.(C) 1377/2021, W.P.(C) 5870/2021, W.P.(C) 5879/2021, W.P.(C) 7749/2021, W.P.(C) 7766/2021, W.P.(C) 7956/2021, W.P.(C) 10223/2021, W.P.(C) 11168/2021, W.P.(C) 11184/2021, W.P.(C) 11266/2021, W.P.(C) 11995/2021, W.P.(C) 11998/2021, W.P.(C) 12222/2021, W.P.(C) 12250/2021, W.P.(C) 12368/2021, W.P.(C) 12461/2021, W.P.(C) 13159/2021, W.P.(C) 13232/2021, W.P.(C) 13257/2021, W.P.(C) 13335/2021, W.P.(C) 14070/2021, W.P.(C) 14079/2021, W.P.(C) 14359/2021, W.P.(C) 14859/2021, W.P.(C) 1604/2022, W.P.(C) 1717/2022, W.P.(C) 2927/2022, W.P.(C) 2946/2022, W.P.(C) 3084/2022, W.P.(C) 3107/2022, W.P.(C) 3455/2022, W.P.(C) 3513/2022, W.P.(C) 4287/2022, W.P.(C) 4526/2022, W.P.(C) 4989/2022, W.P.(C) 5101/2022, W.P.(C) 5389/2022, W.P.(C) 5546/2022, W.P.(C) 5567/2022, W.P.(C) 5934/2022, W.P.(C) 6006/2022, W.P.(C) 6104/2022, W.P.(C) 6142/2022, W.P.(C) 6459/2022, W.P.(C) 6504/2022, W.P.(C) 6508/2022, W.P.(C) 6512/2022, W.P.(C) 6582/2022, W.P.(C) 6594/2022, W.P.(C) 6608/2022, W.P.(C) 6713/2022, W.P.(C) 6732/2022, W.P.(C) 6831/2022, W.P.(C) 7109/2022, W.P.(C) 7126/2022, W.P.(C) 7128/2022, W.P.(C) 7129/2022, W.P.(C) 7154/2022, W.P.(C) 7165/2022, W.P.(C) 7237/2022, W.P.(C) 7582/2022, W.P.(C) 7798/2022, W.P.(C) 7812/2022, W.P.(C) 7828/2022, W.P.(C) 7894/2022, W.P.(C) 7918/2022, W.P.(C) 8168/2022, W.P.(C) 8274/2022, W.P.(C) 8526/2022, W.P.(C) 8604/2022, W.P.(C) 8932/2022, W.P.(C) 8971/2022, W.P.(C) 8989/2022, W.P.(C) 9101/2022, W.P.(C) 11983/2022, W.P.(C) 16039/2022, W.P.(C) 9114/2022, W.P.(C) 9143/2022, W.P.(C) 9180/2022, W.P.(C) 9104/2022, W.P.(C) 9110/2022, W.P.(C) 9116/2022, W.P.(C) 9127/2022, W.P.(C) 9178/2022, W.P.(C) 9207/2022, W.P.(C) 9224/2022, W.P.(C) 9273/2022, W.P.(C) 9327/2022, W.P.(C) 9330/2022, W.P.(C) 9357/2022, W.P.(C) 9423/2022, W.P.(C) 9465/2022, W.P.(C) 9919/2022, W.P.(C) 10122/2022, W.P.(C) 10140/2022, W.P.(C) 10211/2022, W.P.(C) 10214/2022, W.P.(C) 10299/2022, W.P.(C) 10346/2022, W.P.(C) 10348/2022, W.P.(C) 10379/2022, W.P.(C) 10411/2022, W.P.(C) 10340/2022, W.P.(C) 10351/2022, W.P.(C) 10394/2022, W.P.(C) 10399/2022, W.P.(C) 10401/2022, W.P.(C) 10402/2022, W.P.(C) 10405/2022, W.P.(C) 10413/2022, W.P.(C) 10414/2022, W.P.(C) 10415/2022, W.P.(C) 10419/2022, W.P.(C) 10429/2022, W.P.(C) 10443/2022, W.P.(C) 10470/2022, W.P.(C) 10481/2022, W.P.(C) 10506/2022, W.P.(C) 11144/2022, W.P.(C) 10524/2022, W.P.(C) 10686/2022, W.P.(C) 10772/2022, W.P.(C) 10773/2022, W.P.(C) 10803/2022, W.P.(C) 10824/2022, W.P.(C) 11067/2022, W.P.(C) 11161/2022, W.P.(C) 11209/2022, W.P.(C) 11215/2022, W.P.(C) 11239/2022, W.P.(C) 11354/2022, W.P.(C) 11362/2022, W.P.(C) 11431/2022, W.P.(C) 11586/2022, W.P.(C) 11628/2022, W.P.(C) 11670/2022, W.P.(C) 11756/2022, W.P.(C) 11810/2022, W.P.(C) 11822/2022, W.P.(C) 12372/2022, W.P.(C) 12392/2022, W.P.(C) 12520/2022, W.P.(C) 12593/2022, W.P.(C) 12612/2022, W.P.(C) 12704/2022, W.P.(C) 12863/2022, W.P.(C) 13006/2022, W.P.(C) 13063/2022, W.P.(C) 13074/2022, W.P.(C) 13127/2022, W.P.(C) 13179/2022, W.P.(C) 13362/2022, W.P.(C) 13365/2022, W.P.(C) 13431/2022, W.P.(C) 13595/2022, W.P.(C) 13710/2022, W.P.(C) 13718/2022, W.P.(C) 13823/2022, W.P.(C) 13872/2022, W.P.(C) 13915/2022, W.P.(C) 13929/2022, W.P.(C) 14490/2022, W.P.(C) 14654/2022, W.P.(C) 14938/2022, W.P.(C) 15190/2022, W.P.(C) 15244/2022, W.P.(C) 15353/2022, W.P.(C) 15358/2022, W.P.(C) 15523/2022, W.P.(C) 15535/2022, W.P.(C) 15451/2022, W.P.(C) 15677/2022, W.P.(C) 15698/2022, W.P.(C) 15750/2022, W.P.(C) 16256/2022, W.P.(C) 16570/2022, W.P.(C) 16608/2022, W.P.(C) 16654/2022, W.P.(C) 16859/2022, W.P.(C) 16989/2022, W.P.(C) 17024/2022, W.P.(C) 17034/2022, W.P.(C) 17387/2022, W.P.(C) 17469/2022, W.P.(C) 17528/2022, W.P.(C) 17555/2022, W.P.(C) 17588/2022, W.P.(C) 28/2023, W.P.(C) 30/2023, W.P.(C) 47/2023, W.P.(C) 62/2023, W.P.(C) 72/2023, W.P.(C) 74/2023, W.P.(C) 84/2023, W.P.(C) 99/2023, W.P.(C) 176/2023, W.P.(C) 253/2023, W.P.(C) 318/2023, W.P.(C) 372/2023, W.P.(C) 431/2023, W.P.(C) 454/2023, W.P.(C) 460/2023, W.P.(C) 548/2023, W.P.(C) 578/2023, W.P.(C) 1889/2023, W.P.(C) 7131/2022, W.P.(C) 7177/2022 and W.P.(C) 2012/2023.
Decided On : 14-03-2023

Advocates Appeared:
For the Petitioner:Mr. Nishant Das and Ms. Aatrayi Das, Mr. Deepak Gautam, Ms. Akanksha Kapoor along with Mr. Avinash Sharma and Mr. Sidanant Chaudhary, Mr. Mukesh Kumar, Mr. Sanyam Saxena and Mr. Nubair Alvi, Mr. Vibhor Bagga, Ms. Esha Dogra and Mr. Yugantar Singh Chauhan, Mr. Shashwat Anand, Mr. Shashwat Parihar and Mr. Dhruva Vig, Mr. Abhinav Agnihotri & Mr. Deepak Vohra, Ms. Divya Rana, Mr. Ritesh Khare, Mr. Hardik Vashisht & Ms. Adith Menon, Mr. Ritesh Khare, Mr. Abhishek Gusain, Ms. Namrata and Ms. Esha Tibriwal, Mr. Souray Ghosh, Ms. Akriti Arva, Mr. Rajiv Kapur & Mr. Akshit Kapur, Ms. Zubeda Begum along with Mr. R. L. Sinha, Mr. Amandeep Singh, Mr. Karmveer, Mr. Dilip Kumar Niranjan & Ajay Kumar, Ms. Harshit Goyal, Mr. Deepak Parashar along with Mr. Prakhar Singh, Mr. Rahul Malhotra & Ms. Anchal Tiwari, Mr. Alok Tripathi, Ms. Rashi Jain and Mr. Mihir Garg, Mr. Manoj Yadav and Mr. Akshat Bisht, Mr. Akshay Srivastava, Mr. Piyush Singh & Mr. Aditya Parolia, Ms. Mahima Ahuja and Ms. Ridhi Jain, Mr. Ehraz Zafar-petitioner No. 2-in-person in Item No. 272, Mr. Manish Patni, Mr. Aayush Milruka and Mr. Vishal Hablani, Mr. Akshay Sahay and Ms. Shradha Narayan, Mr. Ratnesh Sharma and Mr. Rahul Raman, Mr. Sachin Bajpai and Ms. Sonam Priya, Mr. Siddhant Kumar and Ms. Vidhi Udayshankar, Ms. Anushree Narain and Mr. Mayank Srivastava, Ms. Kiran Bhardwaj, Ms. Anushree Malviya, Mr. Abhinay Sharma along with Ms. Sakshi Jain and Mr. Pooran Chand Roy, Mr. Mukul Mr. Davesh Chaurasia, Mr. Virender Pratap Singh, Ms. Priya Mishra, Ms. Pinky Yadav and Ms. Shubhra Parashar, Mr. Chaitanyashil Priyadarshi, Ms. Saloni Sharma and Mr. Tejaswi, Mr. Aditya Bhattacharya, Mr. Abhinav Jaganathan, Mr. Paresh B Lal and Mr. Abhishek Singh, Mr. Deepak Prakash, Mr. Subhash Choudhary, Mr. Ravindra Singh and Ms. Monika Rai, Mr. Raghavendra M. Bajaj, Mr. Kumar Karan and Mr. Nikhil Bamal, Mr. Pradeep Kumar, Ms. Tanu Priya Gupta, Mr. Bhaavan Mahajan, Mr. Aayush Agarwal, Mr. Devansh Shekhar, Mr. Sanjeev Kumar Singh and Mr. Bishm Pratap Singh, Mr. Shighra Kumar, Ms. Rishi K. Awasthi, Mr. Usman G. Khan and Mr. Rahul Kumar, Mr. Deepak Biswas and Ms. Varsha Agarwal, Mr. Saket Sikri, Mr. Vikalp Mudgal, Mr. Kshitij Mudgal and Ms. Priya Singh, Ms. Shobhana Takiar, Mr. Shrey Nanda, Ms. Swadha Gupta, Mr. Prabhat Kumar and Mr. Anurag Dhar Dubey, Mr. Mayank Srivastava, Mr. Anshul Gupta, Ms. Kirti Dua, Mr. Shubham Kaushik, Mr. Ravi Shandilkar, Ms. Shubhangi Tiwari and Mr. Prakhar Bharadwaj, Mr. Bharat Bhushan, Mr. Sidhant Kumar, Ms. Manyaa Chandok, Ms. Muskan Gopal and Ms. Vidhi Udayshankar, Mr. Dilip Kumar Niranjan, Mr. Sandeep Bajaj, Mr. Devansh Jain and Ms. Vasudha Chadha, Mr. M. P. Sahay, Ms. Eccha Shukla, Ms. Awantika and Mr. Sachin Kharb.
For the Respondents: Mr. Neeraj, SPC with Mr. Sahaj, Mr. Vedansh, Mr. Anand and Mr. Rudra, Ms. Archana Surve, Mr. Jatin Singh and Ms. Roppali, Ms. Archana Pathak Dave and Mr. Parmod Kumar Vishnoi, Mr. Nimitjya Chaudhary, SPC, along with Deepak, Ms. Aakansha Kaul and Mr. Digvijay Prasad, Mr. Virender Pratap Singh Charak, Ms. Shubhra Parashar and Ms. Pinky Yadav, Ms. Bharti Raju, Sr. Panel Counsel, Chetanja Puri & Anand Awasthi, Ms. Rishi K. Awasthi, Mr. Usman G. Khan and Mr. Rahul Kumar Gupta, Mr. Nirvikar, Ms. Ayshwara Chander and Mr. K. S. Pratap, Mr. Sushil Raaja, Mr. S. K. Tyagi, CGSC along with Mr. Abhishek Singh, Mr. Pallav Saxena along with Mohammad, Mr. Diwaker and Mr. Abdul Wasin, Mr. Vijay Joshi and Mr. Gurjas Singh Narula, Mr. Satya Ranjan Gusain (Central Govt. Sr. Panel) and Mr. Kautilya Birat, Mr. Om Prakash along with Mr. Chandresh Pratap, Ms. Swati Mishra, Ms. Parnashree Banerjee and Mr. Aniruidh Sukla (GD), Mr. Siddharth Khatana, SPC and Mr. Rahul Kumar Sharma (GP), Mr. Kunwar Sachdev, Mr. Rahul Chauhan, Ms. Reema Khorana, Mr. Ajay Uppal, Ms. Nidhi Raman, CGSC along with Mr. Zubin Singh and Ms. Charu Modi, Mr. Vedanta Varma and Mr. Vibhor Kush, Mr. Rishabh Sahu, CGSC with Mr. Sameer Sharma, Mr. Rishabh Sahu and Sameer Sharma, Mr. Ramesh Babu. Ms. Manisha Singh, Ms. Tanya Chowdhary, Ms. Jagriti Bharti and Mr. Rohan Srivastava, Mr. Govind Manoharan and Ms. Diksha Tiwari, Ms. Amrita Singh, Mr. Atul Kumar Singh, Mr. Mimansak Bhardwaj, Mr. Jai Prakash, S.P.C with Mr. Divyanshi Maurya, Ms. Nidi Raman, CGSC along with Mr. Abhishek Singh, Mr. Jatin Singh, Mr. Keshav Sehgal, Mr. Shivam Gaur and Mr. Kashish Bajaj, Ms. Ritu Reniwal, Ms. Pratima N. Lakra, CGSC along with Mr. Chandan Prajapati and Mr. Apoorv Sharma, Mr. Kavindra Gill, Mr. Neeraj SPC, Mr. Sahay, Mr. Vedansh Anand and Mr. Rudra, Mr. Siddharth Khatah, SPC, Mr. Rahul Kumar Sharma, Mr. Siddharth Khatah, SPC, Mr. Sahay and Mr. Vedansh Anand, Mr. Siddhartha Khatah, SPC, Mr. Sahay, Mr. Vedansh Anand, Ms. Ekta Chaudhary, Mr. Divyank Dutt Dwivedi, Mr. Naginder Benipal, Mr. Amit Mahaliyan, Mr. Santosh Kumar Raut and Mr. Abhishek Chaudhary, Mr. Sameer Vats, Mr. Dev. P. Bhardwaj CGSC along with Ms. Anubha Bhardwaj, Mr. Venancio D'Costa, Ms. Astha and Mr. Himanshu Sharma, Ms. Monika Arora, CGSC along with Mr. Yash Tyagi, Mr. Ripudaman Bharadwaj CGSC with Kushgra Kumar, Mr. Vinay K. Sharma and Mr. Vikram Aditya Mishra, Mr. Chiranjiv Kumar along with Mr. Mukesh Sachdeva, Mr. Anurag Ahlualia, CGSC, Mr. Ajay Digpaul, CGSC along with Ms. Swati Kwatra and Mr. Kamal Digpaul, Mr. Samir Malik, Mr. Shahan Ulla and Mr. Krishan Kumar, Mr. O.P. Gaggar and Mr. Sachindra Karn, Mr. O.P. Gaggar & Mr. Sachindra Karn, Mr. Ravi Prakash, CGSC along with Mr. Varun Aggarwal and Mr. Amon Rewaria and Farmon Ali, Mr. Jitesh Vikram Srivastava, Sr. Panel Counsel along with Mr. Prajesh Vikram Srivastava, Ms. Nidhi raman, CGSC along with Mr. Zubin Singh, Mr. Rajesh Kumar, SPC, Ms. Ramneet Kaur and Mr. Shaurya Katoch, Mr. Chritarth Palli and Mr. Ritik Shah, Mr. R. K. Sinha, Mr. Ayan, Ms. Vandana, Atul Nayak and Mr. Dheeraj, Ms. Mani Gupta, Ms. Saumya Upadhyay, Mr. Aman Choudhary and Ms. Sonali Jain, Mr. Premtosh Mishra and Mr. Vasoodev Sharma, Ms. Amrita Singh, Ms. Nishtha Jain, Ms. Monika Arora, CGSC along with Mr. Yash Tyagi, Mr. Niraj Kumar, Mr. Jitesh Vikram Srivastava, Sr. Panel Counsel along with Mr. Prajesh Vikram Srivastava, Mr. Gaurav Sharma, Sr. Panel Counsel along with Jitendra Kumar Tripathi, Mr. Siddhartha Nagpal, Mr. Siddharth Khatana, Mr. Virendra Pratap Singh Charak and Mr. Shubra Prashar, Mr. Nikhil Verma, and Mr. Rishabh Jain, Mr. Farman Ali, Sr. Panel Counsel along with Ms. Usha Jomnal, Mr. Ajay Kohli and Ms. Dipika Prasad, Mr. Akshay Amritanshu and Mr. Samyak Jain, Ms. Uma Prasuna Bachu, Sr. Panel Counsel, Mr. Sandeep Vishnu, Sr. Panel Counsel, Mr. Anil Soni, CGSC with Mr. Devvrat Yadav, Mr. Lalit Mohan & Mr. Videh Vaish, Ms. Aaknsha and Abhay Gupta, Mr. Rishabh Sahu and Mr. Akhil Anand, Mr. Rishabh Sahu and Mr. Akhil Anand, Mr. Rishabh Sahu and Mr. Akhil Anand, Mr. Kushagra Singh, Mr. Abhishek Singh and Aalok Kumar, Mr. Gurtejpal Singh, Ms. Suditi and Ms. Aashna Arora, Mr. Mukul Singh, CGSC, Mr. T. Singhdev, Mr. Anum Hussain, Mr. Tanishq Srivastava, Mr. Aabhas Sukhramani, Mr. Bhanu Gulati, Ms. Ramanpreet Kaur and Abhijit Chakravarty, Mr. Rajendra Sahu and Mr. Akhil Anand, Mr. Saurabh Duggal, Mr. Tushar Pandey and Mr. Vaibhav Luthra, Mr. Tushar Pandey and Mr. Vaibhav Luthra, Mr. Anupam Singh and Mr. Nipun, Mr. Raghvendra Shukla, Senior Panel Counsel along with Anil Devlal, Mr. Pallav Saxena, Mr. Nishant Awana, Mr. Hardik Choudhary, Mr. Rajat Bhalla, Mr. Rakesh Kumar, CGSC along with Mr. Sunil, Mr. Himanshu Sinha, Mr. Bhuwan Dhoopar and Mr. Parash Biswal, Mr. Ruchir Mishra, Mr. Mukesh Kumar Tiwari, Ms. Reba Jeana Mishra and Mr. Sanjiv Kr. Saxena, Mr. Nitin Khanna, Mr. K.K. Jha Sr. Panel Counsel along with Mr. Avinash Singh, Mr. Vineet Dhanda, CGSC along with Mr. Shubham Prasad & Ms. Gurleen Kaur, Mr. Atul Krishna, Sr. Panel Counsel along with Mr. Jitendra Kumar, Mr. Atul Krishna, Sr. Panel Counsel, Ms. Arunima Dwivedi CGSC along with Ms. Pinky Pawar and Mr. Aakash Pathak, Mr. Sanjeev Singh, MS. Ridhi Pahuja, Mr. Dhruv Chawla and Ms. Garima Saxena, Mr. Vikrant N. Goyal, along with Ms. Ayushi Garg, Mr. Tesu Gupta, Mr. Sanjeev Singh, MS. Ridhi Pahuja, Mr. Dhruv Chawla and Ms. Garima Saxena, Mr. Pradeep Kumar Jha, Sr. Panel Counsel, Mr. Sanjeev Singh, Mr. Dhruv Chawla, Ms. Ridhi Pahuja & Mr. Dhruv Chawla, Ms. Tanija Bansal, Ms. Garima Saxena, Ms. Shobhana Takiar, Mr. Nitinjya Chaudhry, Senior Panel Counsel with Mr. Deepak, Mr. Vikas Sethi and Mr. Altamish, Ms. Aarzoo Aneja, Ms. Vanshita Gupta and Mr. Amit Kumar, Mr. Asit Kumar, Mr. Rohit Kumar along with Mr. Abhigyan Siddhant, Mr. Kushank Sindhu, Mr. Gazal Ghai and Mr. Anmol Singh, Mr. Jai Prakash, Sr. Panel Counsel along with Mr. Siddhant Gupta, Mr. Akash Vajpai, Senior Panel Counsel along with, Mr. Rudra Paliwal, Ms. Manisha Agrawal Narain, CGSC along with Mr. Sandeep Singh Somria, Mr. Manish Kumar Sr. Panel Counsel along with Mimansak Bhardwaj, Mr. Subhash Tanwar, CGSC along with Mr. Ashish Chaudhary, Mr. Manish Kumar Sr. Panel Counsel along with Mr. Abhigyan Siddhant and Mr. Rohit Kumar, Mr. Subhash Tanwar, CGSC along with Mr. Ashish Chaudhary, Mr. Dev. P. Bhardwaj and Anubha Bhardwaj, Mr. Ajay Kumar Panday, Mr. Santosh Kumar Raut and Mr. Abhishek Chaudhary, Ms. K.M. Monika and Mr. Krishna Kr. Sharma, Ms. Anushkaa Arora, Sr. Panel Counsel along with Ms. Jyoti and Ms. Seema Singh, Ms. Anam Siddiqui, Mr. Satya Ranjan Swain SPC and Mr. Kautilya Birat, Mr. Gagan Kumar along with Ms. Nishtha Kaura, Mr. Shashwat Roy, Ms. Sangeeta Sondhi along with Mr. Gorang Goyal, Mr. Kuber Dewan, Ms. Neeharika Agarwal, Ms. Trisha Raychaudhuri and Mr. Kaustav Srivastava, Mr. Neeraj Sr. Panel Counsel along with Mr. Sahay, Mr. Vedansh and Mr. Rudra, Mr. Manu Beri along with Mr. Prateek Kasliwal, Ms. Aditi Tomar, Mr. Ratna Dwivedi Dhingra and Mr. Bhrigu Dhami, Mr. Aman Naqvi, Adv. for Mr. Shadan Farashat, ASC, GNCTD, Mr. Siddharth, Mr. Abhishek, Ms. Abha Malhotra, Sr. Central Govt. Counsel along with Mr. Aditya Kapoor, Mr. Shashwat Roy & Mr. Sangeeta Sondhi, Mr. Rahul Malhotra and Ms. Himanshi Madan, Mr. Siddharth Khatana and Mr. Rishav Dubey.

Headnote:

Writ petitions filed by homebuyers seeking relief against respondent banks/financial institutions for not charging pre-EMIs or full EMIs till possession is delivered, refund of pre-EMIs/full EMIs paid by petitioners, framing of guidelines to regulate transactions pertaining to subvention schemes, and other related prayers, were dismissed as not maintainable and not entertainable.

Fact of the Case:

Homebuyers entered into agreements with respondent-builder for purchase of residential units in a project. The builder entered into tripartite agreements with homebuyers and respondent banks/financial institutions, whereby the banks/financial institutions disbursed the sanctioned amount to the builder directly and the homebuyers were supposed to pay pre-EMIs or full EMIs to the banks/financial institutions. The builder defaulted in payments, leading to homebuyers raising grievances. The homebuyers filed writ petitions seeking various reliefs, including a direction to the banks/financial institutions not to charge pre-EMIs or full EMIs till possession is delivered, refund of pre-EMIs/full EMIs paid by them, and framing of guidelines to regulate transactions pertaining to subvention schemes.

Finding of the Court:

1. The writ petitions were maintainable against the respondent banks/financial institutions as they were under a liability to discharge their function under the statute and were compelled to perform their statutory function. 2. However, the writ petitions were not entertainable as the rights claimed by the petitioners were flowing from the respective agreements only, complex and disputed questions of facts were involved, the parties were not remediless, alternative forums were already in place, and any interference by the writ court would amount to usurpation of powers vested with the respective forums.

Issues: 1. Whether the writ petitions were maintainable against the respondent banks/financial institutions. 2. Whether the writ petitions were entertainable.

Ratio Decidendi: 1. Maintainability of Writ Petitions: a) The banks/financial institutions were governed by various statutes and were under a liability to discharge their function under the statute. b) The writ petitions were maintainable as the respondents were under a liability to discharge their function under the statute and were compelled to perform their statutory function. 2. Entertainability of Writ Petitions: a) The rights claimed by the petitioners were flowing from the respective agreements only. b) Complex and disputed questions of facts were involved. c) The parties were not remediless as alternative forums were already in place. d) Any interference by the writ court would amount to usurpation of powers vested with the respective forums.

Final Decision: The writ petitions were dismissed as not maintainable and not entertainable.

JUDGMENT :

1. This batch of petitions, involving similar issues, is being decided by this common order.

2. The petition bearing No. W.P.(C) 9491/2020 is being treated as a lead matter, therefore, for the sake of convenience, the facts and pleadings are being referred therefrom. However, facts of individual cases would be referred, wherever so required.

3. In all these petitions, the reliefs claimed are almost similar except for small variations. The dominant relief claimed is to issue a writ in the nature of mandamus/certiorari or any other writ directing the respondent banks/financial institutions not to charge the pre-EMIs or full EMIs from the petitioners/alike homebuyers. It is also prayed that the respondent banks/financial institutions be directed not to charge the pre-EMIs/full EMIs till the possession is not delivered by the respondents builder/alike real estate developers to the petitioners with respect to their respective flats. For the sake of clarity prayer clause from the lead writ petition i.e. W.P. (C) 9491/2020 is being reproduced as under: -

“i. Allow the present Petition;

ii. Issue a Writ in the nature of the Mandamus/Certiorari or any other writ directing the Respondent banks/Financial Institutions to not charge the Pre-EMIs or full EMIs from the Petitioners/alike homebuyers;

iii. Issue a Writ in the nature of Mandamus/Certiorari or any other writ directing the Respondent Banks/Financial Institutions to charge all the Pre-EMIs/full EMIs till the possession is not delivered from the Respondent builder/alike real estate developers;

iv. Issue a Writ in the nature of Mandamus/Certiorari or any other writ directing the Respondent Banks/Financial Institutions to refund the Pre-EMIs/full EMIs paid by the Petitioners to the Petitioners and recover the same from the Respondent builder herein;

v. Issue a Writ in the nature of Mandamus/Certiorari or any other writ directing the Respondent state to frame clear and strict guidelines to regulate the transactions pertaining to the subvention scheme prevalent in the real estate sectors;

vi. Issue guidelines to the effect that any financial institution including banks/Financial Institutions ought not to auction the property of any real estate builder without the consent of the homebuyers who have invested their hard money and also of the Respondent state authorities;

vii. Issue a Writ in the nature of Mandamus/Certiorari or any other writ directing the Respondent state to make sure that the Petitioners are provided their respective flats in a time bound manner;

viii. Pass an appropriate order or direction against Respondent No 2 for initiating strict action against Respondent banks/Financial Institutions for violating the rules and regulations laid down by Respondent No 2 as a regulator for the banking sector; and/or

ix. Pass appropriate guidelines to be followed by all the Nationalized and Private Banks/Financial Institutions including the Respondent banks/Financial Institutions herein for release/disbursal of funds to Real Estate Companies in case of loans sanctioned against any real estate project so that such acts are not repeated in future; and/or

x. Pass an appropriate order or direction appointing a committee of experts to examine the grounds raised by the Petitioner in their representation submitted to the Respondent(s) with a direction to submit a report in a time bound manner; and/or

xi. Pass an appropriate order or directions to the Respondent No. 1 to frame guidelines and monitoring system where the citizens/aggrieved people submitting their objections can be monitored in a transparent and time bound manner; and/or

xii. Pass order(s) as this Hon'ble Court may deem fit and proper in the present case."

4. After issuance of notice in the lead matter and in some of the other writ petitions, the respondents have filed their objections/counter affidavits. On 31.01.2022

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