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Showing posts from December, 2020

LR 25 : THREE THINGS WE SHOULD DO TO TEACH LESSON TO THE BUILDER

  So far we have been only seeking justice for ourselves without being aggressive on the builder. We have allowed builder to go tower-wise with innocent and unaware buyers , while ourselves, parallelly pursuing our case in SC. We have not raised the point in court how only 632 units are remaining unsold and all remain are sold. We have not checked whether 632 units really make 19.75% of they are somewhat short of 19.75%. But now since the builder is trying to put obstacles in our way and trying to complicate and divert the case, it is our foremost job to silent him ,by pressing his weak nerves. What exactly  should  we  do .Let me elaborate 1.  First action is to  ask builder to disclose his unsold units: When forensic auditors discovered that Stunning construction who is a self-declared unit of Amrapali ( figuring in the list of 40 projects declared by Amrapali),has 19.75% share in LR project, LR was told to surrender 19.75% of their assets. Now LR go...

LR 24 : How to oppose tower wise proposal in limited time during Supreme court hearing

  Many of our members want that our advocate should be told to strongly oppose the process of tower wise construction. I have also written scattered blogs against tower-wise construction. Here,in short, I am trying to summarize the most significant   points so that our advocate may pick what he feels useful for telling in court 1.        Builder has no financial capacity to complete tower wise construction even if some innocents buyers are ready to give all balance amount in advance. This is evident from the following facts : a.        The payment from buyer side is hardly 10% of the total fund requirement. If claims he can add 90% , where is the money? If there is money why is he requesting SC to lift ban from selling 632 units which he already has admitted that belong to Stunning Construction. In this regard Rameshji has added that prior to 23-7-2017, when all 632 were under him , why did he not try to use the...

LR 23 : Solid reply to builder's claim about Amrapali, La Residentia and Stunning relation and Heart Beat City

  The builder is trying his best to confuse people about separate identities of Amrapali ,La Residentia and Stunning. He is also claiming that there is no similarity between LR and Heart Beat City As per builder,  ALR minus Stunning is equal to La Residentia But the findings of forensic audit as mentioned clearly in court order dated 23-7-2017 are not what the builder thinks. What are the findings in this regard which is already a part of Supreme Court judgement, let's see Preliminary submission 4 : LR is not similar to Heart Beat City ALRFBWA: There are a number of similarities. Both were not present in the initial list of 40/46 companies given by Amrapali. The only difference is that LR case was not  presented while HBC case was being presented. This was because buyers were not having idea and knowledge and were not organized as an active association as they are today. Even the Honorable Supreme court , in elaborating the findings of forensic audit, in the past judgment...