The Supreme Court of India has directed former Haryana MLA Chhoker to present a detailed plan to repay homebuyers who invested in his real estate projects. The order was issued in connection with a money laundering case involving the politician.
Court's Directive
A bench of justices heard the matter and expressed concern over the plight of homebuyers who had invested their life savings in properties that were never delivered. The court instructed Chhoker to file an affidavit outlining a clear repayment schedule within four weeks.
Background of the Case
The case stems from allegations that Chhoker, along with his associates, defrauded hundreds of homebuyers by promising luxury apartments that were never constructed. The Enforcement Directorate (ED) had registered a money laundering case against him based on multiple FIRs filed by aggrieved buyers.
Legal Proceedings
During the hearing, the senior counsel representing Chhoker informed the court that his client was willing to repay the buyers but needed time to arrange funds. The court, however, remained firm and demanded a concrete plan rather than vague promises.
Impact on Homebuyers
Homebuyers have been protesting for years, seeking refunds or possession of their flats. Many have invested amounts ranging from Rs 20 lakh to Rs 1 crore, and the delay has caused severe financial distress. The Supreme Court's intervention has brought a glimmer of hope for these investors.
Next Hearing
The matter has been listed for further hearing after six weeks, by which time Chhoker must submit his repayment plan. The court warned that if the plan is not satisfactory, it may consider stricter action, including attachment of assets.
This development underscores the judiciary's commitment to protecting the rights of homebuyers and ensuring accountability in the real estate sector.
