| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the competitive realm of real estate, understanding a builder's track record can significantly influence your purchasing decision. Today, we explore A.G. 8 MegaVenture, a builder operating in Madhya Pradesh, and examine their legal history and performance.
Builder Overview
A.G. 8 MegaVenture has faced scrutiny, evidenced by a notable record of complaints and legal actions. To date, they have recorded 1 complaint, have lost 1 case, and have not succeeded in any cases against them. This raises important considerations for prospective buyers.
Legal Case Insights
Case Summary
The single legal case involving A.G. 8 MegaVenture highlights crucial issues regarding the timeliness of project completion:
- Appellant Claim: The applicant accused the builder of delaying possession of a duplex building and sought compensation for the delay.
- Respondent Claim: A.G. 8 MegaVenture attributed the delay to unforeseen circumstances, putting forth a justification for the hold-up.
- Final Verdict: The adjudicating officer …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against A.G. 8 MegaVenture, where the builder lost, revealed several key themes and patterns. The cases primarily revolved around two main topics: delayed possession claims and penalties for project delays.
In the realm of delayed possession claims, the builder faced legal action for failing to deliver completed units to buyers within the stipulated timelines. The applicants sought compensation for these delays, which highlights a significant area of concern for potential buyers regarding the builder's reliability in meeting project deadlines.
The builder's defense often revolved around attributed unforeseen circumstances, which they claimed were beyond their control and caused the delays. However, the legal verdicts did not accept this defense, indicating that the builder's reasoning was insufficient to justify the possession delays. This raises questions about the builder's project management capabilities and their adherence to timelines.
The common reasons for the builder’s litigation in …
Individual case details available for subscribers.
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