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Terraferma Developers LLP vs The Bank of India Staff Panchsheel Cooperative Housing Society Ltd & Ors

Bombay High Court Orders Vacant Possession and Appoints Receiver in Redevelopment Dispute Under Section 9 of Arbitration Act


Case Snapshot

Case Name: Terraferma Developers LLP v. The Bank of India Staff Panchsheel Cooperative Housing Society Ltd. & Ors.

Citation / Neutral Citation: 2026:BHC-OS:19486

High Court: High Court of Judicature at Bombay

Bench: Hon'ble Mr. Justice Amit Borkar

Date of Judgment: 1st September, 2026

Area of Law: Arbitration Law, Cooperative Societies Law, Redevelopment, Section 9 of Arbitration and Conciliation Act, 1996


Judgment Headline

Court directs non-cooperating society members to vacate premises and appoints Receiver for redevelopment project.


The Judgment in One Line

Bombay High Court allows Section 9 petition, orders dissenting members to hand over possession and execute PAAA, appointing Court Receiver upon non-compliance.


Why This Judgment Matters

This judgment clarifies that individual members' objections to redevelopment cannot indefinitely stall a project approved by the society's majority. It establishes that pending disputes before other forums do not bar Section 9 courts from granting interim measures. The ruling reinforces that dissenting members must vacate premises and cooperate with redevelopment, with their g


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