SC Proposes Commissioner For Ardee Family Settlement
Headline by Prism · from 1 report
The Supreme Court has suggested appointing senior advocate Uttara Babbar as an advocate commissioner to facilitate a property settlement for the Ardee Group.
Deccan ChronicleThe brief
Written by software from the 1 report below.
- The Supreme Court of India proposed senior advocate Uttara Babbar to oversee the implementation of a property settlement involving the family of late real estate developer Ashok Varma.
- Lawyers for the involved parties expressed agreement with the proposed appointment during a hearing before a two-judge bench.
- The dispute concerns the distribution of real estate assets including Ardee Mall and commercial buildings in Delhi.
- The appointment aims to formalize the division of assets according to a memorandum of settlement signed in February.
What to watch next
- Confirmation of Uttara Babbar's availability and willingness to act as advocate commissioner.
- Next court hearing scheduled for October 6 regarding the settlement implementation.
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Who said what
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Supreme Court of India
1 quote · 1 outlet
“A suggestion made by this court, as to whether Uttara Babbar, senior counsel, would be able to act as an advocate commissioner, to be assisted by the advocate commissioner who has already undertaken the exercise to an extent. On the said suggestion, both the senior counsel appearing for the respective parties are ad idem,”
In the article
…the Ardee Group and associated family assets. A two-judge bench of Justice M.M. Sundresh and Justice P.B. Varale was informed by lawyers appearing for both sides that the parties were in agreement over the suggestion. " A suggestion made by this court, as to whether Uttara Babbar, senior counsel, would be able to act as an advocate commissioner, to be assisted by the advocate commissioner who has already undertaken the exercise to an extent. On the said suggestion, both the senior counsel appearing for the respective parties are ad idem, " the apex court noted. It suggested both parties to inquire the convenience of senior advocate Ms Babbar and whether she would be willing to undertake the said exercise to give effect to the memorandum of settlement…
Coverage
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All filed from India
NamedIndia · Ardee Group · Ashok Varma · Shefali Varma · Shibani Varma Kapur · Kurian Joseph · MM Sundresh · PB Varale · Supreme Court of India · Uttara Babbar
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