CIN | Not Available |
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Year Established | Not Available |
Address | Plot No.3, Navratan Complex, 100 Ft Road, Revenue Village- Bhuwana NA Udaipur Udaipur Rajasthan 313001 |
Company Status | Not Available |
Overall Case Outcomes
Bhoomishiv Builders LLP operates primarily in Rajasthan, engaging in various real estate projects. As with any builder, it's important for potential investors to assess the credibility and performance of the firm based on available legal and project-related data. In this blog, we will delve into Bhoomishiv Builders LLP’s performance metrics, including legal cases, complaints handled, and patterns observed.
Bhoomishiv Builders LLP has a noted history of three complaints with a legal outcome that includes one case won and two cases lost. This ratio provides insight into the builder's operational governance and compliance with legal norms.
This case highlights the firm's legal agility and strategic communication in times of crisis, as they effectively appealed for leniency based on genuine circumstances.
2. Second Case Lost: The builder faced a penalty for non-compliance, which could signal a pattern of defaults if not addressed thoroughly in future actions.
- Outcome: Imposed a penalty of Rs. 5 lakh for non-compliance.
Overall, Bhoomishiv Builders LLP shows a mixed performance record. While the builder successfully navigated a challenging situation during the pandemic, the loss of two cases suggests a need for enhanced procedural compliance and management oversight. Potential buyers may want to exercise cautious optimism when considering projects from Bhoomishiv Builders LLP.
By following these guidelines, prospective buyers can better position themselves to make informed decisions in the real estate market.
Yearly Trend for these Cases
Analysis of the cases filed against Bhoomishiv Builders LLP, where the builder lost, reveals several key themes across the disputes. The cases highlight ongoing issues primarily centered around non-compliance with authority directions, penalties imposed for project delays, and overarching disputes related to project compliance.
The first type of case involves non-compliance with authority directions, particularly concerning the change of Escrow Account for projects. In one case, the builder was accused of failing to adhere to the directions provided regarding escrow account changes, which reflects a broader pattern of neglecting regulatory requirements.
Penalties for project delays constitute another significant theme. Builders often face penalties for delays attributed to their actions or inactions. In the case of Bhoomishiv Builders, a penalty of Rs. 5 lac was imposed for non-compliance, indicating serious concerns about the builder's adherence to timelines and procedures.
The common trigger for the builder’s litigation seems to be disputes over project compliance. Many of the cases arise from the builder's failure to fulfill obligations that are crucial for project approval and continuation. People bring cases to court primarily to contest these penalties, dispute delay attributions, or seek clarity on compliance requirements.
The reasons the builder lost these cases are multifaceted. Notably, the builder's insufficient adherence to interim directions appears to be a critical factor. The failure to comply with escrow account directives and other regulatory requirements typically resulted in legal consequences. Moreover, the builder's lack of understanding or misinterpretation of compliance rules led to significant errors that the court did not overlook.
In conclusion, the cases against Bhoomishiv Builders LLP underline the importance of regulatory compliance, timely project execution, and a thorough understanding of legal obligations in the construction industry. As a buyer, it is essential to evaluate a builder's track record regarding these aspects before making any investment.
Yearly Trend for these Cases
An analysis of the cases filed by the builder, which it won, revealed the following information. The disputes primarily revolve around themes of regulatory non-compliance, project delays, and the operational impact of the COVID-19 pandemic. Each category represents a significant area of contention often leading to legal proceedings.
In the case of regulatory non-compliance, the builder, BHOOMISHIV BUILDERS LLP, demonstrated its ability to question penalties and orders imposed by authorities. The builder often contends that such actions were unjustified, leading to cases where it successfully argued for the recall of orders affecting its operations. Project delays have also been a frequent source of litigation, with the builder maintaining that many delays were outside its control, including those attributed to external factors or miscommunication with other parties.
An emerging pattern in these summaries indicates that one of the critical reasons the builder brought these cases to court was to contest penalties that affected its business due to circumstances like the pandemic. The builder sought to defend its reputation and operations, highlighting instances where claims from buyers or regulatory authorities were perceived to lack sufficient evidence or compliance with administrative protocols.
The builder often won these cases due to a variety of factors, including the inability of respondents to provide sufficient evidence supporting their claims, as well as procedural non-compliance on the part of the opposing parties. In some instances, misunderstandings regarding project classifications or requirements appear to have played a role. This shows that BHOOMISHIV BUILDERS LLP was usually well-prepared to defend itself against accusations, sometimes deemed false or exaggerated by the opposing parties.
This analysis reflects positively on the builder’s reputation within the broader real estate market. It suggests that while the real estate sector may occasionally experience legitimate disputes, some accusations by buyers or stakeholders can be misleading and potentially unfounded. BHOOMISHIV BUILDERS LLP’s strong track record of defending against such claims indicates a commitment to transparency and accountability, further reinforcing its standing as a reputable builder.
To potential buyers, it is essential to recognize the complexities of the real estate market. Disputes may arise for various reasons, but as illustrated through this analysis, builders like BHOOMISHIV BUILDERS LLP can often navigate through and successfully defend themselves against unwarranted accusations. Therefore, buyers should engage in thorough research and seek reliable information before forming opinions about a builder's reputation, understanding that circumstances may not always be as they appear.
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