| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
When it comes to investing in real estate, home buyers need to approach the process with careful consideration and due diligence. This article focuses on A.Z. 8 Ventures Limited, a builder located in Madhya Pradesh, which has garnered some attention due to legal challenges related to their projects. With a record of complaints and legal battles, this blog aims to shed light on the current status of A.Z. 8 Ventures Limited and provide potential buyers with critical insights.
Overview of A.Z. 8 Ventures Limited
A.Z. 8 Ventures Limited has been involved in the construction of residential projects in Madhya Pradesh. However, their performance has raised concerns among potential buyers. With two legal cases filed against them, both of which resulted in losses for the builder, the reputation of A.Z. 8 Ventures Limited is on shaky ground.
Legal Case Summary
A.Z. 8 Ventures Limited has a troubling legal record, having …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against A.Z. 8 Ventures Limited, where the builder lost, revealed significant insights into their legal disputes. The cases primarily revolve around two key themes: Delayed Possession Claims and Disputes over Payment Compliance.
The majority of the claims made by the applicants fall under the Delayed Possession Claims theme. In these cases, the applicants paid a substantial amount of money (Rs. 9,78,047/-) for a flat, yet the builder failed to provide possession within the agreed-upon time frame. The builder's defense consistently revolved around claims of ongoing construction work and allegations that buyers failed to pay the full amount due. However, the Adjudicating Officer ruled in favor of the applicants, ordering the builder to repay the amount owed along with interest and compensation for mental distress.
A pattern emerges from these summaries: the builder's tendency to attribute delays to other parties, specifically the buyers, by claiming …
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