ANGUL BUS TERMINAL CO. PRIVATE LIMITED

Overview of Angul Bus Terminal Co. Private Limited

Angul Bus Terminal Co. Private Limited is a construction entity operating in Odisha. Like many builders, it has faced legal challenges from customers. In this article, we will delve into its legal record, analyzing the outcomes of cases filed against the company, and what potential buyers should consider before committing to a purchase with this builder.

Legal Performance Overview

Complaints Filed

Angul Bus Terminal Co. Private Limited has encountered a total of 6 complaints. This number suggests a moderate level of customer dissatisfaction, which may be a concern for prospective buyers.

Cases Won and Lost

• Cases Won: 4
• Cases Lost: 2

Analysis of Lost Cases

The cases that the Angul Bus Terminal Co. has lost share several common factors:

1. Refund Claims: The petitioners in the lost cases primarily claimed refunds for amounts paid for shop rooms. Each seeking significant refunds with interest, indicating dissatisfaction with the service or product received.
2. Insufficient Documentation: A noteworthy aspect of these cases is the dismissal often cited due to lack of proper documentation from the petitioners. This pattern points to inadequate evidence being presented to support their claims of refund, suggesting a potential area where buyers need to ensure they have all documentation in order when engaging with the builder.
3. Claim Amount Discrepancies: A recurring theme is the contradiction between what was claimed to have been paid and what was actually documented. For instance, one case revealed that the petitioners claimed to have paid Rs. 26,86,000/-, but the Authority found a discrepancy in their statement, leading to a lack of maintainable claims.

Analysis of Won Cases

Conversely, the cases in which Angul Bus Terminal Co. succeeded exhibit different traits:

1. Clear Legal Standing: The builder successfully argued its case emphasizing compliance with the Real Estate (Regulation & Development) Act, 2016, which supports a structured approach to project completion and registration.
2. Interest Payments: The judgment in favor of the builder resulted in requiring them to pay interest. This still reflects a commitment to uphold the standards set forth in the real estate regulations.
3. Documentation and Registration: The successful cases highlight that maintaining accurate documentation and adhering to registration requirements can shield the builder from potential loss in legal disputes.

Conclusion: Assessing Angul Bus Terminal Co. Private Limited

Angul Bus Terminal Co. Private Limited has demonstrated a mixed legal record with a higher ratio of won cases compared to lost ones. However, potential customers should take note of the underlying issues revealed through those losses, particularly regarding documentation and communication.

Tips for Potential Buyers

1. Documentation: Ensure that all transactions and agreements are documented meticulously. Keep copies of every agreement, payment receipt, and correspondence.
2. Due Diligence: Before committing to a purchase, research the builder’s reputation. Check for previous complaints, reviews, and the outcomes of past legal disputes.
3. Consult a Legal Expert: If considering an investment, consulting with a legal expert can provide additional assurance about the terms and conditions associated with your purchase.

General Tips for Selecting a Builder

• Experience Matters: Opt for builders with a proven track record in delivering projects successfully.
• Build Quality Insights: Investigate previously completed projects for quality and customer satisfaction.
• Transparency: Select builders that demonstrate transparency in their dealings and provide clear, accessible information regarding the project's progress and payment structures.

In conclusion, while Angul Bus Terminal Co. Private Limited has faced its share of disputes, due diligence and careful documentation can mitigate risks for prospective buyers. Always make informed decisions when investing in real estate.

Analysis of the cases filed against Angul Bus Terminal Co. Private Limited, where the builder lost, revealed several key themes and patterns. The cases primarily revolved around two main topics: refund and interest claims from buyers, and the builder's compliance with the Real Estate (Regulation & Development) Act, 2016 (RERA).

The refund and interest claims were significant, with complainants seeking substantial amounts (e.g., Rs. 17,73,296/-) inclusive of interest on their payments (Rs. 13,14,500/-). This highlights a major area of contention between buyers and the builder, likely stemming from delays or failures in project delivery as promised.

The common reason people brought cases to court in this regard was to contest the builder’s inability to return their investments or provide timely possession of property. The builder's defense often revolved around their compliance with RERA regulations, asserting that their projects were completed after the implementation of the Act and that they had obtained necessary registrations. However, the verdicts did not favor the builder, indicating potential issues in their adherence to the regulations or in fulfilling contractual obligations with buyers.

The builder lost these cases primarily due to their inability to validate their claims of compliance with RERA or to honor agreements made with buyers. The consistent requirement by courts for the builder to pay interest on the amounts received indicates a systemic failure on the part of the builder to uphold contractual standards and fulfill project deadlines, resulting in significant legal consequences.

An analysis of the cases filed against the builder, Angul Bus Terminal Co. Private Limited, which the builder won, revealed the following information.

The different kinds of cases filed against the builder can be grouped under key themes such as Payment Disputes, Refund Claims, Insufficient Evidence Claims, and Adjudication on Case Maintainability.

Most of the cases involved petitioners claiming they had overpaid for shop rooms and sought refunds, while the builder asserted that the entire amounts had been settled. This indicates a common theme of disagreement over monetary transactions in property dealings.

The reasons these cases were brought to court largely centered around disputes involving refund claims and alleged insufficient refunds. Petitioners often asserted that they had made substantial payments and were entitled to additional refunds. However, they faced challenges, including insufficient documentation to support their claims and misunderstandings regarding the actual amounts paid. Such issues illustrate a broader pattern observed in real estate transactions, where buyers might not fully understand their financial commitments or the legal implications of their agreements.

The builder emerged victorious in these legal disputes due to several factors. Key reasons included the opposing party's failure to provide sufficient evidence to substantiate their claims, non-compliance with legal requirements, and a lack of maintainability in their cases as highlighted by the adjudicating authority. In several instances, petitioners admitted to lesser amounts than they claimed, further weakening their cases. This points to the effectiveness with which the builder, Angul Bus Terminal Co. Private Limited, defended itself against what could often be false or exaggerated accusations.

This analysis sheds light on the builder’s reputation in the real estate market. It suggests that while disputes in the sector are not uncommon, many such conflicts stem from misunderstandings by buyers or improper legal processes. Angul Bus Terminal Co. Private Limited's track record of successfully defending itself indicates that it operates with a level of transparency and compliance that respects both contractual obligations and legal frameworks.

For potential buyers, this summary serves as a reminder of the importance of making informed decisions before engaging in property transactions. While legitimate grievances do exist in the real estate market, the analysis of these cases indicates builders like Angul Bus Terminal Co. Private Limited often prevail against unjust claims made by buyers. It is crucial for buyers to approach accusations with due diligence and seek accurate information to foster a clear understanding of a builder’s reputation.