Novelty Trading Co. Ordered Rs 15,885 Rent Deposit

Authority: Rent Controller/Small Causes Court, Mumbai

Order Date: 20-07-2026

Case Overview

• Parties: Respondent M/S. Novelty Trading Co.; the order arises from earlier rent arrears determination dated 07.03.2020.
• The court directed the respondent to deposit arrears of rent amounting to Rs 15,885, with a yearly increase of 5% as per the order dated 07.03.2020.
• Deposit to be placed in a fixed deposit with auto‑renewal option for six months in any nationalized bank.
• Respondents expressed inability to make the deposit.
• The court, considering settlement, directed senior counsel Mr. K. Parameshwar to facilitate an amicable settlement, with parties to appear before him on 20‑07‑2026.
• The matter was listed for further hearing on 27‑07‑2026.

Final Outcome

• Respondent is mandated to deposit Rs 15,885 (subject to 5% annual increase) in a six‑month auto‑renewal fixed deposit at a nationalized bank.
• If unable, parties must engage in mediation with senior counsel on 20‑07‑2026; the case will be revisited on 27‑07‑2026.

Topics: Rent Arrears, Court Order, Mediation