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High court stays registration of Emaar villa plots Print E-mail
Wednesday, 25 April 2012 12:57
The high court on Tuesday stayed the recent order of a single judge that allowed registration of Emaar plots. The single judge, after hearing the Emaar villa plot owners association and others, allowed registrations subject to an extra payment to the APIIC.

The division bench comprising Chief Justice Madan B.Lokur and Justice P.V.Sanjay Kumar stayed this order while hearing an appeal by the state and the APIIC that wanted the suspension of the single judge order because it's fraught with danger of property being transferred to third parties.

"Moreover, when the whole issue is being probed by CBI, allowing registrations may accord legitimacy to the fraudulent acts of the perpetrators of the scam," the appellants contended. The bench observed that the matter needed deeper probe and sought to know the details of the original promoter of the Dubai company. "What permissions did they possess at the beginning to enter into such deals with an Indian state?" the bench said and posted the matter to be listed after vacation for further hearing.
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