2022 (2) TMI 1493

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....shar Mehta, SG Mr. O. P. Gaggar, AOR Mr. Aditya Gaggar Adv For the Respondent : Mr. Ritin Rai, Sr. Adv. Ms. Liz Mathew, AOR Mr. Navneet R , Adv. Mr. Mohit Khandelwal, Adv Ms. Gunjan Mathur, Adv ORDER UPON hearing the counsel the Court made the following. We have heard Shri Tushar Mehta, learned Solicitor General appearing on behalf of the petitioner/Bank and Shri Ritin Rai, learned sen....

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....would prevail. (iv) RERA would not apply in relation to the transaction between the borrower and the banks and financial institutions in cases where security interest has been created by mortgaging the property prior to the introduction of the Act unless and until it is found that the creation of such mortgage or such transaction is fradulent or collusive. (v) RERA authority has ....