Mumbai: Co-operative Appellate Court Orders Housing Society To Refund ₹1.6 Lakh With 7 Per Cent Interest From 1997
Mumbai, October 27, 2026: The Maharashtra State Co-operative Appellate Court has directed Mulund Mayur Sahakari Gruhnirman Sanstha Maryadit to refund Rs 1.6 lakh to a 62-year-old woman who had paid the amount to the society’s chief promoter in 1997 as a promoter member. The court has directed the society to repay the amount with 7 per cent annual interest from May 6, 1997, until realisation.…
On October 27, 2026, the Maharashtra State Co-operative Appellate Court ruled that the Mulund Mayur Sahakari Gruhnirman Sanstha Maryadit must refund Rs 1.6 lakh to a 62-year-old woman, Asha Abasaheb More, with 7% annual interest from May 6, 1997, until realization. The woman had paid this amount to the society's chief promoter in 1997 as a promoter member.
The court found that while More had established her status as a promoter member and provided proof of her payment, she failed to provide evidence of a flat being allotted to her. The court noted that More did not pay any construction amount for the 625 sq ft flat the society purportedly had.
The court pointed out the lack of direct evidence regarding the exact construction cost of the flat and the lack of proof for the allotment of a specific size of flat to More. It rejected her claim for a compensation of Rs 1.25 crore, stating there was no oral or documentary evidence to establish the market value of the flat or how the amount had been calculated.
The court also observed that the two flats More had claimed were vacant had subsequently been allotted to other members. More would have to pay the applicable court fee for the refund within 15 days of the order.
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