| CIN | U45201KL2003PTC016095 |
|---|---|
| Year Established | Not Available |
| Address | No.86, 8th FLOOR, ABAD NUCLEUS MALL KOCHI-MADURAI NH-49 ROAD, MARADU PO KOCHI Ernakulam KL 682304 IN |
| Company Status | Private |
Overall Case Outcomes
Introduction
When considering a builder for your future home, it is crucial to examine their track record, particularly their legal history. ABAD BUILDERS Private Limited, operating in Kerala, presents an intriguing case with its legal engagement background. This article will explore their performance in various legal matters, providing potential buyers with valuable insights.
Legal Case Overview
ABAD BUILDERS has encountered a total of 2 complaints, and notably, they have lost both cases. This is a significant point of concern for potential buyers. The cases revolved around delays in project completions and the refund of payments related to apartments lacking promised amenities.
Summary of Legal Cases
Both cases against ABAD BUILDERS share a common premise:
- Appellant's Claims: Complainants sought refunds for payments made for apartments that were not delivered on time, alongside requests for interest due to delays.
- Respondent's Defense: The builder claimed that the complainants were chronic defaulters …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against ABAD BUILDERS Private Limited, which it lost, revealed significant insights into the builder's legal disputes. The cases can be broadly categorized into two recurring themes: Delayed Possession Claims and Defaulters and Refund Denials.
The Delayed Possession Claims encompass the majority of the cases, where complainants sought refunds due to the builder's failure to complete projects on time. This theme highlights an ongoing issue in the real estate sector where builders often face challenges in meeting deadlines, which can be attributed to various factors such as regulatory changes, financial constraints, or unforeseen circumstances. In these cases, the common trigger for litigation was the builder's inability to hand over possession within the stipulated timeline, leading to dissatisfaction among buyers who had made partial payments.
The second theme, Defaulters and Refund Denials, reflects the builder's counterclaims against the complainants. ABAD BUILDERS consistently sought to deny …
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