The Supreme Court has asked the Delhi High Court to protect the home buyers’ interest in the Assotech Windsor Court project.
A division bench headed by Justice Arun Mishra passed the judgment after hearing a bunch of petitions filed against real estate major, Assotech Private Limited by the home buyers.
Winding Up Challenged In PIL
Around 100 home buyers of Assotech Windsor Court project have filed a PIL challenging the winding up of the real estate company, Assotech Private Limited and sought the Apex Court’s direction and intervention to keep their interests intact.
Supreme Court lawyer and Advocate on Record (AoR) Ashwarya Sinha, the counsel who is representing many of the petitioners, told the top court that the petitioners had invested “their hard earned money” in the Assotech Windsor Court project being developed at Noida Sector – 76.
The counsel submitted that if the company was closed down without the interests of the homebuyers “being secured”, then it “would cause severe hardships” to them.
The petition has been filed in the Apex Court with a view ensure justice for the homebuyers.
The Supreme Court bench passed the ruling after hearing Sinha ‘s arguments and submissions and stated that the Delhi High Court must “keep in mind the interests of home buyers” before passing any order in the case.
