views
The Delhi High Court on Tuesday issued a notice regarding a plea filed by cricketer Yuvraj Singh, seeking the appointment of a sole arbitrator. Singh has approached the Delhi HC to resolve a dispute with a builder over the violation of personality rights and delays in the delivery of a flat.
Justice C Hari Shankar issued notice to builder M/S Brilliant Etoile Private Limited. The matter has been listed for August 5.
According to a report by news agency ANI, Singh has filed a petition through advocate Rizwan, seeking the appointment of a sole arbitrator to resolve disputes arising from the MoU dated November 24, 2020.
Hauz Khas Property
This MoU was executed between Singh and the respondent for the promotion, endorsement, and marketing of a real estate project, ‘Sky Mansion,’ in the extended Abadi Deh (Lal Dora) area of Village Chandan Hulla, Tehsil Hauz Khas, New Delhi, under the brand name ‘Risland.’
The MoU detailed that Singh would provide promotion, endorsement, and marketing services for the ‘Sky Mansion’ project and included a benefit of Rs 1,15,00,000 against the purchase of an apartment.
When It Started?
In December 2020, Yuvraj Singh booked Apartment No. 0012 on the 23rd floor of Tower A at Sky Mansion, based on a sample apartment shown.
A Sale Agreement was executed on February 5, 2021, for the apartment, priced at Rs 14,10,07,671. According to the plea, the builder delayed offering possession and sent a Possession Letter via email to Yuvraj Singh on November 10, 2023.
In December 2023, after inspecting the offered apartment, Yuvraj Singh found it significantly deviated from the sample and the terms of the Sale Agreement. The plea stated that despite discussions with the builder about delays, poor quality, increased prices, and misrepresented surroundings, no satisfactory resolution was reached.
On April 27, 2024, Yuvraj Singh sent a legal notice demanding damages, concessions, and improved apartment quality due to the delays and misrepresentations. Invoking Clause 38 of the Sale Agreement, he initiated arbitration proceedings with a Notice of Arbitration on May 26, 2024.
However, the builder allegedly terminated the agreement without responding to the legal notices or the Notice of Arbitration, prompting Yuvraj Singh to seek a refund of the amount paid, with 18% interest, through another legal notice.
In response, the builder denied all allegations and refused to initiate arbitration proceedings. Yuvraj Singh has requested the appointment of a sole arbitrator to resolve disputes arising from the Sale Agreement dated February 5, 2021. He also alleged that the builder continued to commercially exploit his brand value even after the MoU expired on November 24, 2020.
Comments
0 comment