New Delhi, Aug 31 (DHNS): The Supreme Court on Wednesday asked thespian Dilip Kumar to deposit Rs 20 crore with its registry as part payment to a Mumbai-based real estate firm with whom the agreement to develop his prime Pali Hill property ran into rough weather a decade ago.

The actor had entered into an agreement with Prajita Developers Pvt Ltd for developing his property, measuring 2,412 square yards.

Later, the dispute arose as no construction was raised and the actor wanted the plot to be returned whose possession was with the firm. A bench presided over by
Justice J Chelameswar asked the actor to deposit the amount in the form of a demand draft within four weeks and inform the firm.

The top court appointed former Supreme Court judge Justice P Venkatarama Reddy as the arbitrator to decide whether Prajita was entitled to more as damages apart from Rs 20 crore.

In March 2016, the apex court had granted relief to Kumar by rejecting a plea to restrain him from creating third party rights over the Pali Hill property till the arbitration of the dispute with a private developer.