Valuation for arbitration support
This case study relates to the valuation opinion given by me in an arbitration matter. The plaintiff was a Builder/Devloper firm from the metropolitan city in India. The defendant was a private non profit organization engaged in research.
The defendants owned a large piece of land in the suburban areas of the metropolitan city in India. The plaintiffs offered to purchase sizeable portion of the said land. The terms of contract were reduced in writing. However subsequently the defendants started avoiding their commitments. This caused the dispute which was referred to the arbitration. Our valuation opinion was taken by the plaintiff.