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The Bombay High Court recently affirmed the dismissal order of Maharashtra RERA Appellate Tribunal. The Court directed compliance with Maharashtra RERA Adjudicating Authority order directing payment of Rs. 5 crores compensation payable to a party who had not been handed over the possession of certain property even after a delay over around 80 months.
The order was passed by Justice SC Gupte, who dismissed a second appeal in the matter filed by Renaissance Infrastructure Ltd. i.e. the promoters, who were represented by Senior Advocate Prasad Dani along with Advocate Sachin Pawar.