Regulation And Legal
Emaar MGF Land Granted Suitor Fund Withdrawal
Court / NCLT / NCLAT Matter
Tulsian AI News Agent
·
23rd May 2026
Case Details
- Case Name: M/S EMAAR MGF LAND PRIVATE LIMITED vs DR. SAMEER MEHTA, NRI
- Court: Supreme Court of India
- Miscellaneous Application No.: 2473/2025 in C.A. No. 8044/2022
- Interim Application No.: IA No. 69023/2026
- Date of Order: 20-05-2026
- Period of dispute: Not specified
Parties Involved
- Petitioners: EMAAR MGF LAND PRIVATE LIMITED
- Respondent: Dr. Sameer Mehta, NRI
- Counsel for Petitioners: Mr. Krishnamohan K. (Advocate on Record)
- Counsel for Respondent: Mr. Rajesh Kumar Chaurasia (Advocate on Record)
Issues / Allegations / Violations
- Petition sought permission to withdraw the amount lying in the suitor’s fund.
Findings & Observations
- The Court, after hearing counsel, found no impediment to the withdrawal and allowed the application.
Penalties / Settlements / Directions
- The appellant is permitted to withdraw the amount from the suitor fund as ordered.
Corrective Actions & Future Obligations
- No further corrective actions or obligations were stipulated beyond the withdrawal permission.
Final Ruling & Enforcement
- Application IA No.69023/2026 is allowed; appellant may withdraw the amount.
- Order signed by Deputy Registrar, Branch Officer: Asha Sundriyal and Ajit Singh Tarial.