Maharashtra Apartment Ownership Act, 1970

The promoter, Nahalchand Laloochand Pvt. Ltd., developed a building and sold flats to members of Panchali Co‑operative Housing Society Ltd., asserting a right to sell 25 stilt parking spaces as separate units. The society contended that the promoter could not sell those spaces because they were not "flats" under the Ma…

The Supreme Court examined whether Section 14(1)(d) of the Insolvency and Bankruptcy Code, 2016 bars the Maharashtra Housing and Area Development Authority (MHADA) from taking possession of land that was licensed to a corporate debtor under a Tripartite Joint Development Agreement during the moratorium period. The corp…

The appellant, a landowner, entered into a Development Agreement with the respondent developer to construct an apartment complex, also granting a General Power of Attorney. The developer failed to complete the work within the stipulated 15‑month period, prompting the appellant to serve a legal notice terminating the ag…

The Cosmos Co. Operative Bank Ltd. (appellant) challenged a High Court order that held Central Bank of India (respondent No.1) had the first charge over a flat mortgaged by the original borrowers. Both banks had received security documents: the appellant bank held the share certificate of ownership, while the responden…