HC quashes Maharashtra Protection of Interest of Depositors case against developer Ahuja
The Bombay High Court has quashed criminal proceedings under the MPID Act against developer Jagdish Ahuja and his associates. This decision followed an amicable settlement of a long-standing financial dispute between the developer and the complainant parties. The court found the dispute to be of a predominantly civil nature, and its continuation would not serve justice.
The Bombay High Court has quashed criminal proceedings under the MPID Act against developer Jagdish Ahuja and his associates. This decision followed an amicable settlement of a long-standing financial dispute between the developer and the complainant parties. The court found the dispute to be of a predominantly civil nature, and its continuation would not serve justice.
