Shopper's Stop Limited - Securities and Exchange Board of India

Suit No. 542 of 2000
Court of Civil Judge, Sr. Division Suit, Pune
Paramount Hotels Ltd. (now K Raheja Corp Pvt Ltd) VS Tropicana Properties Ltd.
Suit under Section 6 of the Specific Relief Act in respect of Repossession of Office Space
on the 2 nd and 3 rd floors of the building Raheja Chambers situated at Survey No. 361,
Hissa No. 1, Bund Garden Road, Pune have been filed by Paramount Hotels Ltd. .(now K
Raheja Corp Pvt. :Ltd) against wrongful occupation and possession by Tropicana
Properties Ltd.. The plaintiffs have also prayed for appointment of a Court Receiver and
restraining Tropicana Properties Ltd. from dealing with the suit premises in any manner
and for attachment and sealing of the suit premises. The matter is pending.
Protest letter dated 10 th April, 2004 filed with Municipal Corporation of Greater
Mumbai (MCGM) by Powai Developers(a division of K Raheja Corp Pvt. Ltd) Bldg..
No. 29 – Raheja Vihar, Powai
A protest letter dated 10 th April, 2004 has been filed by Powai Developers, a division of K
Raheja Corp Pvt. Ltd. to MCGM against the Ratable value computed by Municipal
Corporation of Greater Mumbai in respect of Municipal Tax Assessment of Bldg. No. 29 -
Raheja Vihar, Powai, Village Powai, Tungwa- Ward No. L4467. The rateable value of the
building as arrived at by Municipal Corporation of Greater Mumbai is Rs. 4,15,840/- and
based on which a demand of Rs.10,18,808/- has been made for the period from 1/4/2002
to 31/3/2004. The company has paid a sum of Rs. 2,40,000 under protest and matter is
pending for disposal.
Protest letter dated 10 th April, 2004 filed with Municipal Corporation of Greater
Mumbai by Powai Developers(a division of K Raheja Corp Pvt. Ltd)
Bldg.. No. 30 – Raheja Vihar, Powai
A protest letter dated 10 th April, 2004 has been filed with Municipal Corporation of Greater
Mumbai (MCGM) in respect of Municipal Tax Assessment of Bldg.. No. 30 – Raheja
Vihar, Powai, Village Powai, Tungwa- Ward No. L4467 the rateable value of the building
as arrived at by the MCGM is Rs.4,16,770/- and based on which a demand of
Rs.8,93,453/- has been made for the period from 1/7/2002 to 31/3/2004. The matter is
pending for disposal.
Bombay City Civil Court
Suit No 4605 of 1992
N.N. Wadia vs. Shantidevi Kumbhar
N. N. Wadia as the sole Administrator of the Estate and Effects of the Late F.E. Dinshaw
, the owner of the Land has entered into a Development Agreement with Ivory Properties
and Hotels Pvt Ltd. for development of his land. Ivory Properties and Hotels Pvt Ltd is a
promoter company. In terms of the Development Agreement executed between N. N.
Wadia as the sole Administrator of the Estate of Late F.E. Dinshaw, the Plaintiff in the
aforesaid suit and Ivory Properties and Hotels Pvt. Ltd., . Ivory Properties and Hotels Pvt.
Ltd. has been given the responsibility and is entitled to look after the litigation and enter
into arrangement and settlement at its cost, charges and expenses in respect of the
litigation concerning the said land.
The Plaintiff has filed a suit in the civil court bearing no of 4605 of 1992 for a declaration
that the defendant has no right, title, interest or claim in respect of portion of the land
admeasuring 67 sq meters being part of the land bearing CTS no 1406/18 of the village
Malad. The court passed a decree in favour of the plaintiff.
Currently the appeal filed by the Defendant in the High Court is admitted and pending for
hearing .
Bombay City Civil Court
Suit No 3196 of 1981
N.N. Wadia & others vs. Gundecha Builders & Ors
N. N. Wadia as the sole Administrator of the Estate and Effects of the Late F.E Dinshaw
, the owner of the Land has entered into a Development Agreement with Ivory Properties
and Hotels Pvt Ltd. for development of his land. Ivory Properties and Hotels Pvt Ltd is a
promoter company. In terms of the Development Agreement executed between N. N.
Wadia as the sole Administrator of the Estate of Late F.E. Dinshaw, the Plaintiff in the
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