PHOTO: SUPPLIED Gurpreet Grewal and his wife Ramnjit operated franchises across east and south Auckland.

Harcourts has won a legal battle to have one of its franchisees repay a $1 million loan.

Gurpreet and Ramnjit Grewal, who operated 10 Harcourts offices in Auckland, appeared in the High Court in the city last month. The judgement from Justice Roger Bell has now been released.

The pair operated Preet & Co Real Estate and an associated rentals business across southern and eastern suburbs.

In the middle of last year, it was revealed that money was missing from the firm’s trust accounts. The Grewals did not have enough money at hand to replace it.



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