Summary: In a recent court case, Pankh Properties and Rusi Sorabji Khambatta had a disagreement over a property deal in Dadar, Mumbai. The court decided in favor of Pankh Properties, allowing them to continue with their claims while dismissing Khambatta's arguments.
Back in November 2012, Pankh Properties and Rusi Sorabji Khambatta made a deal about a property in Dadar, Mumbai. Khambatta transferred his rights to Pankh Properties for ₹12 crore. The agreement included a formal document and an agreement allowing Pankh to act on Khambatta's behalf, with Khambatta handing over control and ownership papers.
Khambatta also signed another agreement showing he was interested in buying part of the redeveloped property. However, this agreement wasn't officially recorded and was separate from the main deal.
Fast forward to June 2025, Khambatta sent a notice to cancel the main agreement, claiming it was invalid because there were no city permissions and accusing Pankh Properties of cheating. He argued that the deal depended on redevelopment, which hadn't happened.
The case went to the Bombay High Court, with Justice Milind N. Jadhav in charge. Pankh Properties argued that the main agreement was clear and that Khambatta's claims had no basis.
"The agreement is clear and straightforward," said Pankh Properties' lawyer.
On March 4, 2026, the court decided in favor of Pankh Properties. Justice Jadhav found no connection between the main agreement and the extra agreement. The judge also pointed out that Khambatta had benefited from the deal for over 12 years before raising these issues.
This case shows the importance of having clear agreements and the consequences of trying to change them years later.
