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ASSOTECH CP INFRASTRUCTURE PRIVATE LIMITED

3.8/5 (2 cases analyzed)
  • States Active In: Madhya Pradesh
CINU45201UP2006PTC031972
Year EstablishedNot Available
AddressH-127 Sector-63 , Noida, Uttar Pradesh, India - 201309
Company StatusPrivate

Overall Case Outcomes

Introduction

Assotech CP Infrastructure Private Limited is a builder operating primarily in Madhya Pradesh. Before making any investment decisions, potential buyers may want to examine the builder's track record, especially given the significance of legal standings in the real estate sector. This post delves into the builder's complaint history and legal cases to give potential buyers a clearer picture of what they might expect.

Complaint Overview

Assotech CP Infrastructure Private Limited has a total of 2 recorded complaints. Notably, they have not won any cases, indicating that legal disputes may not be resolved in their favor. Both cases they've faced have resulted in losses, which raises concerns about their business practices and compliance with legal standards.

Legal Case Insights

Lost Cases

  1. Case Overview
    • Claim:The applicant contended that Assotech had failed to pay the balance amount for a transaction despite repeated requests。
    • Defense:Assotech asserted that they had paid …

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Cases Lost by Builder (When Defending)

Yearly Trend for these Cases

Common Topics
Delayed Possession Claims Penalties for Project Delays Unforeseen Circumstances Defense

Analysis of the cases filed against Assotech CP Infrastructure Private Limited, where the builder lost, reveals several key themes and patterns. The primary disputes can be categorized into delayed possession claims and penalties imposed for project delays.

The cases often revolved around the builder's failure to deliver commercial properties on time, leading applicants to seek compensation for the delays. A common reason for contesting these delays was the builder's defense based on unforeseen circumstances. However, the legal outcome did not favor the builder, as evidenced by the Adjudicating Officer ordering compensation at the rate of Rs. 2,500 per month for the period of delay.

The most notable pattern emerging from these summaries is the builder's consistent attribution of delays to unforeseen circumstances. While this defense might seem plausible, it ultimately did not meet the required legal standards to justify the possession delays. This raises a critical question regarding …

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Cases Lost by Builder (When Filing)

Yearly Trend for these Cases

Common Topics
Disputes over Payment Recovery Non-compliance with Project Regulations Economic Claims and Project Defaults

The analysis of the cases filed by Assotech CP Infrastructure Private Limited, where it faced losses, reveals several significant insights regarding the builder's primary disputes and overall litigation patterns.

One common theme that emerged is the 'Disputes over Payment Recovery'. In these cases, the builder often sought to recover outstanding payments from buyers. Specifically, they claimed unpaid balances despite the buyers citing economic hardships and halted construction as reasons for withholding payments. This has illustrated the builder's reliance on legal means to recover funds, signaling potential cash flow issues or dissatisfaction with project financing.

Additionally, there is a notable theme of 'Non-compliance with Project Regulations'. The builder has faced challenges in ensuring that their projects complied with necessary regulations, which has led to failures in securing project registrations. Such regulatory non-compliance raises questions about the builder's operational practices and adherence to legal requirements, likely resulting in the failure to deliver …

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