Supreme Court of India
Greenopolis Welfare Confederation v. Rakesh Kumar Gupta
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
What the Court ordered
In view of the above, the Contempt Petition (C) Nos. 249-253/2025 are closed.
Judgment, page 37
In brief
Orris, owner of 47.218 acres at Sector 89, Gurgaon, entered a development agreement dated 02.11.2011 with the corporate debtor, M/s Three C Shelters Pvt. Ltd., to build the 'Greenopolis' project of 1862 flats, with tripartite buyer agreements requiring completion within 36 months plus a 6-month grace period. Construction stalled from early 2016; homebuyers formed an association and obtained orders from HRERA, HREAT and the NCDRC, including a direction dated 07.10.2020 that Orris as landowner/licensee bore primary responsibility for completion and that escrow funds be transferred to a dedicated RERA account.…
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