Informing buyers on matters of land dispute
Premia Structures Ltd was asked by the High Court to inform the public about the injunction of the court at site. The purpose is basically to benefit the thousands of investors. The work of direction was performed by Justice Vipin Singh who made sure that it has been displayed to the public. It was Premia Structures Ltd’s work to tell all the investors that there is an interim junction with respect to property possession at Noida in C-20, IA/10, Block C.
The HC said unless the public has been warned, the respondent is not authorized to collect money without informing them. The respondent has been told to tell the public and all the people who have made the bookings of the order which goes back to the date of 30.5.2013.
Once the Premia Structures argued at court, it took an unusual step. It had earlier understood that the injunction of 2013 is going to be with respect to the title and possession of the property and assuring the bench that it is honouring the order.
On the other hand, however, the BMS told the court that the collaboration agreement that had been signed with Premia had the VLS director’s signature who was responsible for negotiating deals and exchanging emails.
Source – The Times of India
High Court, Premia Corporate City, Premia Projects Ltd, Premia Structures Ltd, Projects by Premia Projects Ltd
