By S A Ishaqui
Hyderabad, April 29: The Andhra Pradesh High Court has struck a blow to Maytas Properties Ltd by turning down its plea to appoint an arbitrator to resolve the dispute between the company and its customers pertaining to Maytas Hill County.
The division bench of Justice Ghulam Mohammed and Justice K.G. Shankar, while dismissing a batch of writ petitions of the company, said the cases can be decided under the Consumer Protection Act.
Several customers who have purchased flats in the Maytas Hill County project approached the State Consumer Redressal Forum after the company failed to deliver possession of the flats as per the purchase agreement and got orders in their favour.
The company challenged the orders of the commission before the High Court contending that the commission has no jurisdiction to entertain complaints of the customers regarding non-delivery of flats in view of the Arbitration Clause in the construction agreement. According to the audit report submitted before the High Court, Maytas stopped construction activity in December 2008.
More than 550 flats were sold by the company.
No comments:
Post a Comment