Cricketer Yuvraj Singh has approached the Delhi High Court to seek the appointment of a sole arbitrator to resolve a dispute with a real estate builder. Singh has filed a petition over the violation of promotional rights and delays in the delivery of a flat in a project where he had signed an MoU for promotion and marketing. The matter has been listed for August 5th and a notice has been issued to the builder.
Cricketer Yuvraj Singh Approaches Delhi High Court Over Real Estate Dispute
Former Indian cricketer Yuvraj Singh has filed a petition in the Delhi High Court seeking the appointment of a sole arbitrator to resolve a dispute with a real estate builder. The dispute arose over the alleged violation of promotional rights and delays in the delivery of a flat in a project where Singh had signed an MoU for promotion and marketing.
According to the petition, Singh entered into an agreement with the builder, M/s Amrit Shakti Developers Pvt. Ltd., in 2014 to promote and market the project called "The Amrit Shakti World Spa". Singh was allegedly promised a flat in the project as part of his remuneration for the promotional services.
However, Singh claims that the builder has violated the terms of the agreement by failing to deliver the flat on time and by using his name and image without his permission in promotional material. He also alleges that the builder has refused to pay him the agreed-upon promotional fees.
Background
Yuvraj Singh, a renowned cricketer, has been involved in various business ventures and endorsements throughout his career. He has also been actively involved in philanthropic activities and is the founder of the Yuvraj Singh Foundation, which works towards cancer awareness and research.
The Amrit Shakti World Spa project is a residential and commercial development located in Sector 78, Noida. The project was launched in 2014 and was scheduled for completion in 2017. However, the project has faced delays and is still incomplete.
Top 5 FAQs and Answers
1. What is the nature of Yuvraj Singh's dispute with the real estate builder?
A: Singh alleges that the builder has violated promotional rights and delayed the delivery of a flat in a project where he had signed an MoU for promotion and marketing.
2. When did Yuvraj Singh file the petition in the Delhi High Court?
A: Singh filed the petition on August 3, 2023.
3. Who is the real estate builder involved in the dispute?
A: The real estate builder involved in the dispute is M/s Amrit Shakti Developers Pvt. Ltd.
4. What is the next step in the legal process?
A: The matter has been listed for August 5, 2023, and a notice has been issued to the builder.
5. Has Yuvraj Singh been involved in any other legal disputes related to real estate?
A: There is no publicly available information indicating that Yuvraj Singh has been involved in any other legal disputes related to real estate.
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