| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the ever-evolving landscape of real estate, homebuyers continually seek builders they can trust to deliver on their promises. Today, we focus our attention on AB Apartments Private Limited, located in Punjab. Despite its offerings, potential clients need to be well-informed about the builder's track record, particularly regarding legal disputes.
Overview of AB Apartments Private Limited
AB Apartments Private Limited has faced a total of three complaints resulting in the loss of all three cases. This rate of legal challenges raises concerns about the builder's reliability and accountability in handling project deliveries and customer relations.
Legal Case Analysis
Cases Lost
- Common Factors: All three cases indicate a persistent theme where complainants claimed delays in the possession of plots, despite having made payments. The builder's defense often centers around alleged payment discrepancies and various other factors leading to the delays.
- Customer Frustration: The repeated failure to deliver on promises of …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against AB Apartments Private Limited, where the builder lost, revealed several key themes across the complaints raised by the plaintiffs. The cases primarily revolved around delayed possession claims, with multiple complainants alleging that they had not received possession of their plots despite having made payments.
The builder's defense often centered around payment disputes, claiming that the complainants had failed to make payments in accordance with the agreed-upon schedule. However, the verdicts consistently favored the complainants, indicating that the builder's reasoning did not meet the required legal standards. The decision-making process highlighted a pattern where the builder was held accountable for delays attributed to their operational inefficiencies rather than non-payments from buyers.
A critical point of contention was the interest on delay, which the builder was ordered to pay in several cases. The ruling mandated interest at the rate of 9.30% per annum from the specified …
Individual case details available for subscribers.
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