Citizens' Issues
SC refuses to modify order on Parsvnath Buildwell refund to flat buyers
The Supreme Court on Friday refused to modify its order directing builder Parsvnath Buildwell to return money paid by 70 flat buyers in its Parsvnath Exotica project in Ghaziabad, seeking a schedule for the refund even as the firm pleaded such a course would create "serious and irreversible conditions" for it.
 
Unmoved by the builder's plea, the bench of Justice Dipak Misra and Justice C. Nagappan made some corrections in their August 12 order, recording that instead of 17 flat owners, there are 70 flat owners seeking a refund and the time schedule for this would be given to the court by senior counsel V. Giri.
 
Appearing for Parsvnath, senior counsel Dushyant Dave told the court that there were 854 flats and money has been received from 818 flat buyers and if refund was allowed, then there would be a mad rush.
 
"It would amount to mad rush, everyone will seek money that we will not be able to pay," he said.
 
Telling the court that "no one has paid the full money, only a part of it. By giving to 70 people it would create serious and irreversible condition", Dave urged the court to give the builder a year's time by when the possession of flats would be given to all the buyers.
 
He told the bench that the builder had approached the Ghaziabad Development Authority for sanction of revised plan in view of new stipulation permitting more FRA, but "now we would do according to the earlier sanctioned plan".
 
"We are trying to find a way out," he stressed.
 
Appearing for the aggrieved 70 flat buyers, senior counsel M.L. Lahoty told the court that the booking for the project located in Mohan Nagar area of Ghaziabad district was done in 2007 and the project was to be completed in 2011. 
 
He noted that the building plans sanctioned by the GDA were cancelled by the authority on August 26, 2015 and as such there was no sanctioned building plan.
 
Not saying anything on the submissions by Dave, the court made two corrections in its August 12 order and directed the further hearing of the matter on September 15.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
  

 

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Amid corruption probe, Lotte Group Vice Chairman found dead
The Vice Chairman of Lotte Group, South Korea's fifth-largest business group, was on Friday found dead in an apparent suicide ahead of prosecutors' summons over allegations of corruption involving the group.
 
Police found the body of 69-year-old Lee In-won on a trail in Yangpyeong, 55 km east of Seoul, after receiving a report from a local resident about a man hanging from a tree. After finding Lee's identification in his clothes, the police also found a four-page suicide note in his car found near the site of the incident, Yonhap News Agency reported.
 
The note addresses his family, executives and members of staff, expressing loyalty to chairman Shin Dong-bin and denies the charges of tax evasion and creation of slush funds. Lee was to appear before prosecutors on Friday morning, Lotte officials said.
 
Lee joined the group in 1973 and became the first to become vice chairman in 2011, outside the family. He was also longtime CEO of Lotte Shopping, one of the biggest businesses of the group.
 
Lotte, started as a chewing gum company in Japan in 1948, now operates businesses in chemicals, food, shopping and hotels, including South Korea's largest discount and department store chains. Its brands are well recognised all across Southeast Asia. 
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
  

 

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Childhood misbehaviour finally understood, but too late for me (The Funny Side)
Someone showed me a somewhat random video in which people put cucumbers near cats and the horrified cats leapt away in sheer terror, sometimes leaping out of windows. Watching it, I re-lived my teenage attempts at dating. Cucumbers: I feel your pain.
 
Your columnist was further thrown back to childhood days by an Indian newspaper report that police officers are using catapults to fire balls of chili powder as a crowd control technique. Well I did the exact same thing as a kid and my teacher denounced me as a troublesome brat who would achieve nothing in life. Okay, so her prediction was accurate, but I should still get royalties, right?
 
I was feeling stung about that when a reader sent in a news item about a guy in France who is suing his boss for boring him. He claims that the four years he spent at one company were so stupefyingly dull that they caused him physical harm, damaging his joints and brain. My high school history teacher, Mr. Mohan, was so boring that you could actually feel your brain fossilising during the class. Once he scheduled a history double-period and not even the brainy kids turned up, knowing he would induce comas and then brain-death.
 
Yet it is only now, finally, that society is seeing childhood episodes as things to take seriously. Following the success of The Anger Room in Texas, several countries offer "tantrum spaces" where adults can scream and shout and smash up stuff. They quote psychologists as saying that destroying property is "a vital outlet for emotional release blah blah blah".
 
Well thank you very much, world, for realising this decades after I spent my childhood being punished. At last, modern kids have the terminology to argue their case. Teacher: You just burned down the school. Kid: Destruction is a vital outlet for emotional release blah blah blah. Teacher: Good point -- here, take this gold merit star.
 
Readers may have seen the US news item about an incident in Colorado when police used pepper-spray to subdue an out-of-control kid aged eight. Some people said they should have just reasoned with him, but that only makes sense to people who've never had to deal with eight-year-olds. Pepper-spray is the minimum force necessary. A preferable option would be to approach the kid with a bomb disposal robot fitted with a speaker. "Put down the axe and we will send an adult in a hazmat suit to read a Winnie-the-Pooh book to you."
 
I reckon Asian boys grow up with the trickiest challenges these days. In China, the folk tradition called Fu-Ji requires children to use a Chinese ouija-board to summon a female evil spirit. But Chinese law says males have to wait until they are at least 22 to get married. So it's fine for a boy to call up a demonic she-devil, but marrying an actual physical woman -- whoah, guys, this might be dangerous, let's wait at least 10 more years. (Not sure if that is bizarre or actually very smart.)
 
Whatever. Now excuse me while I go dig up my catapult. My kids are running amok and I need to do some crowd control.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
 

 

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