| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Understanding Ami Corporation: Insights for Potential Homebuyers
Introduction
When considering a builder for your next property investment, it is essential to review their track record, including complaints and legal standing. This blog post takes a closer look at Ami Corporation, a builder operating in Gujarat, revealing what potential buyers might want to know before making a purchase.
Overview of Ami Corporation
Ami Corporation has faced a total of 1 complaint, leading to one legal case that was decided against them. This indicates a mixed track record that justifies closer scrutiny when evaluating their reliability.
Legal Case Details
The single legal case involved Ami Corporation in which they were accused of failing to submit a quarterly report as mandated by the Real Estate (Regulation and Development) Act (RERA). Despite the builder's claims of an emergency, the authority found them in violation, resulting in a penalty of Rs. 10,000.
Patterns in Legal …
Cases Lost by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed by the builder, Ami Corporation, which it lost reveals several recurring themes relating to regulatory compliance and penalties.
The cases can be grouped into three primary themes. First, as part of Regulatory Non-compliance, the builder's failure to adhere to the requirements of the RERA Act, specifically regarding the submission of quarterly reports, is evident. This emphasizes the importance of compliance with regulatory obligations for builders in the real estate sector.
Second, in terms of Penalties for Non-compliance, instances such as the imposed penalty of Rs. 10,000 demonstrate how deviations from established regulations can lead to financial repercussions. Such penalties can significantly impact a builder's reputation and financial standing.
Finally, under the theme of Documentation Issues, the builder cited emergency situations as justification for their failures, revealing a recurring struggle in providing sufficient documentation to support their claims.
The …
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