Sunday, November 28, 2010

legal opinion of rank associates

Hello

This is Murugan from Singapore.I have not been an active participant in the various discussions so far.Nevertheless I have also been on some spade work regarding these litigations, after I received the legal notice from lawyer Chandrasekar.The apartment is booked for my parents, residing in Chennai. I have some friends who are practicing lawyers in the Supreme court and also in the High court of Chennai. A lawyer friend of mine looked up th various cases pending regarding this property. I seeked his help in understanding the legal opinion by Rank Associates, whose opinion we are all holding. Through RTI(Right to information Act) he went for an inspection of the papers in CMDA. He forwarded some inputs.

1. The previous owners Krishna tiles & potteries have a pending dispute internally- among the family members and one MR Raghunandan has filed various cases challenging the very sale to Ozone

2. There is also a case in the Delhi court -civil writ petition No 4353 of 2008, where the Delhi High court has issued a show cause notice to the Auditors M/S CNGSN & associates who did the deligence report and the law firm Rank Associates who was involved in the legal opinion and registeration of the said property.

He has sent me the scanned copies of the same, which I am enclosing with this mail.
It is a major cause of concern for us as the very legal opinion we are relying upon is being challenged by few people.

This is the inputs I have from my end. If someone can assist further please let me know and we can set a platform for the same. I am glad atleast now we have a common platfom to exchange information. If we can work together we can resolve things and proceed with a clean chit.

Regards
Murugan

6 comments:

  1. Hi - is all problems at metrozone resolved now?

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  3. hi, Is the issue resolved? I was planning to buy in Metrozone, now I will wait until the problem is resolved. So planning to rent in Metrozone. If any owners renting you apartment, please email me at renukagokul@yahoo.com phone number 0016092241254 USA EST Timezone

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