Overview
- On July 13 the three‑judge bench led by Chief Justice Surya Kant ordered immediate freezing of bank accounts belonging to Parsvnath Hessa Developers Ltd, Parsvnath Developers Ltd and the personal accounts of their directors and issued bailable warrants to secure their appearance.
- The court barred the developer from creating third‑party rights or handing over possession of any units and told Haryana officials and banks to file affidavits showing steps taken to enforce the top court’s directions.
- The bench recorded that HRERA’s 2021 orders in favour of the petitioners had attained finality but execution efforts failed because recovery certificates, warrants and bailiff actions produced no money or possession.
- The judges made prima facie findings that the Gurugram collectorate and local police either failed to discharge duties or colluded with the builder, citing incidents where a bailiff was allegedly prevented entry and local police did not secure compliance.
- Two senior‑citizen petitioners paid about ₹1.7–1.78 crore for flats booked in 2006–2007 that were due in 2013, and the court said the case exposes wider gaps in RERA’s enforcement that it will monitor at further hearings later in July.