Homebuyers Triumph: Dual Victory Against Marvel Group’s Misconduct!
Advocate Dr Ajay Kummar Pandey
Advocate and Consultant | Criminal l Civil l Company Lawl Insolvency l Family Law & ors I Legal Solutions to Clients Nationwide I Best Criminal Lawyer award at Supreme Court
By Ajay Kummar Pandey, Advocate, Supreme Court
Homebuyers Triumph: Dual Victory Against Marvel Group’s Misconduct!
In a groundbreaking turn of events, justice has been delivered to homebuyers across two marquee cases involving the infamous Marvel Group. In the Marvel Fera project, wretched homebuyers—left high and dry by a habitual defaulter—secured significant relief when the court directed the builder to deliver the promised homes.
Adding to this decisive blow, the group promoter’s delaying tactics have caught up with him. The Marvel Landmark case has spotlighted attempts to hoodwink the judicial process. In this instance, promoters tried to conceal critical facts to win the case, misleading the court about the project's details.
However, the homebuyers stood firm and challenged this dishonesty. The National Company Law Tribunal (NCLT), Mumbai, has noted this and will continue hearing the insolvency petition filed by the aggrieved homebuyers.
Both cases underscore a resolute commitment to transparency and accountability in real estate. As an advocate dedicated to upholding judicial integrity, I commend the courts for sending a strong message: any attempt to subvert justice through misleading submissions will be met with decisive legal action.
Reclaiming Justice: Landmark Judgment Reinforces the Limits of Recall in Insolvency Cases
The decision from the National Company Law Appellate Tribunal in Marvel Landmark Pvt Ltd vs Jay Nihalani & Ors (21 January 2025) is a game-changer for corporate insolvency jurisprudence.
The Tribunal clarified that recall powers under Rule 11 are strictly for rectifying procedural errors—not for rehashing merits already decided. Misrepresentations that mislead the court, as seen in this case, cannot be condoned. This judgment restores the dismissed Company Petition and reinforces the sanctity of judicial processes and the need for transparency.
As an advocate for the Supreme Court, I view this ruling as a robust reminder that justice must prevail and every litigant deserves a fair, fact-based hearing. Our courts will not reward misleading submissions to gain an unfair advantage.
#LegalUpdate #InsolvencyLaw #CorporateLaw #JudicialIntegrity #NCLT #Rule11 #JusticeServed #SupremeCourtAdvocate
In a significant victory for homebuyers, the courts have again delivered justice against Marvel Group. The recent ruling in the Marvel Fera case gives much-needed relief to homebuyers left stranded by Marvel's notorious delays. The group's promoter has faced criminal charges and arrest, in addition to being taken to task by RERA and Consumer Courts. Meanwhile, the Marvel Landmark case continues at NCLT Mumbai. This victory highlights the strength of judicial systems in holding defaulters accountable.
#JusticeForHomebuyers #MarvelGroup #LegalVictories #HomeownershipRights #ConsumerProtection
Homebuyers Triumph Again: Justice Delivered Against Marvel Group!
In another significant victory for homebuyers, the courts again stepped in against the Marvel Group. In the Marvel Fera project case, wretched homebuyers—left high and dry by a habitual defaulter—received significant relief as the court ordered the builders to deliver their homes. The group promoter, infamous for his delaying tactics, has also faced criminal charges for cheating and fraud and was arrested by Pune Police. RERA and Consumer Courts have also taken action against the defaulter builder.
In a parallel battle, the promoters in the Marvel Landmark case attempted to hoodwink the court by concealing crucial facts. However, the aggrieved homebuyers challenged this dishonesty head-on. The NCLT, Mumbai, will continue hearing the insolvency petition filed by these homebuyers, ensuring that justice prevails.
As an advocate committed to upholding judicial integrity, I applaud these decisive moves that reinforce transparency and accountability in real estate. Our legal system protects homebuyer rights against any attempt to subvert justice.
#JusticeServed #HomebuyerRights #MarvelGroup #ConsumerProtection #LegalVictory #RERA #Insolvency #Accountability #RealEstateJustice