Developer Sells Half-Built Mumbai Hotel, Then Tries to Blame International Advisor for ₹71 Crore Loss – Bombay High Court Says “No”
A Mumbai developer sold its half-built 5-star serviced apartment project at a heavy loss, then tried to recover ₹71 crore by blaming its international consultant Oakwood. Both the arbitrator and the Bombay High Court ruled it was an afterthought – Oakwood won completely.