SAIRA BANU, BUILDER SETTLE DISPUTE OUT OF COURT

By
KOMAL NAHTA

Veteran actress Saira Banu last week gave her consent to the quashing of a criminal cheating case lodged by her against a builder in 2022 over a 2010 agreement for developing a prime plot at 16, Pali Hill, Bandra (West), Bombay alongwith a bungalow on it. The plot and bungalow belonged to her husband, late thespian Dilip Kumar.

The Bombay high court bench of Justices N.W. Sampre and S.U. Deshmukh on June 13 considered the amicable settlement between the parties and quashed the 2021 FIR registered against Prajita Developers Pvt. Ltd. and builders Altaf Wahedna and Arshad Wahedna at the Bandra (Bombay) police station. Saira Banu is the power of attorney holder of Dilip Kumar.
The FIR was based on non-performance of the development agreement assigned by Dilip Kumar to Prajita Developers. The dispute gave rise to multiple court proceedings and finally led to the filing of arbitration proceedings last year as it was a civil dispute. The builder filed a quashing petition this year.

The builder and the veteran actress had tendered consent terms before the HC in the arbitration petition. The dispute was disposed of in March, based on the consent terms.

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