CIN | U45201TN2006PTC060786 |
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Year Established | Not Available |
Address | 1/1 TAS ENCLAVE, 3RD FLOOR, AK BLOCK, 10 TH MAIN ROAD EXTN, SHANTHI COLONY, AN NA NAGAR , CHENNAI, Tamil Nadu, India - 600040 |
Company Status | Private |
Overall Case Outcomes
Fifth Field Realtors Private Limited is a builder operating in Tamil Nadu, with a record of having faced legal scrutiny in their dealings. In this blog post, we will analyze the builder’s track record concerning complaints and legal cases, providing insights for potential buyers who may be considering investing with them.
Fifth Field Realtors has faced a total of 2 legal complaints. Unfortunately for the builder, they have not won any cases; both cases they contested have resulted in losses. This suggests a challenging legal history which may raise concerns for potential clients.
The builder has 2 cases that resulted in losses. Here’s a summary of the legal claims:
Common Factors in Lost Cases:
Fifth Field Realtors has not won any legal cases, which indicates a significant area of concern for potential customers. The absence of successful outcomes contributes to a perception of unreliable performance in legal matters.
Common Factors in Won Cases:
Based on the available data, Fifth Field Realtors Private Limited displays a problematic legal history, characterized by a complete lack of winning cases in their favor. This track record raises red flags regarding their reliability and business practices, particularly when financial recovery claims are involved. For potential buyers, this could signal a need for increased due diligence before entering into any agreements.
In summary, while Fifth Field Realtors operates in Tamil Nadu, their legal challenges should be a significant consideration for any potential clients looking to invest in their projects.
Yearly Trend for these Cases
Analysis of the cases filed against Fifth Field Realtors Private Limited, where the builder lost, reveals several key insights into their legal disputes. The cases can be broadly categorized into two themes: Delayed Possession Claims and Financial Disputes Over Consideration Amounts.
The first type of cases involves appeals primarily made by the appellants to set aside earlier orders and recover the consideration amounts they had paid. In these cases, the builder was likely facing claims from buyers who were unhappy with the delays in possession of their properties. Since no appearance was made by the respondent (the builder) in any of the cases, it suggests a pattern where the builder may have been unresponsive to buyer concerns, leading to a lack of trust and subsequent litigation.
The common trigger for these legal actions seems to be the builder’s failure to fulfill their commitments, particularly regarding timely possession of properties. Buyers in real estate transactions often rely on clear timelines for moving in or renting out their investments, and when these timelines are not met, it typically leads to dissatisfaction and disputes.
As for why the builder lost these cases, the most evident reason is their lack of participation in the legal proceedings. When a respondent fails to appear in court, it often results in default judgments against them, as the court may perceive their non-appearance as a lack of defense or acknowledgment of guilt. In these specific cases, the appeal was dismissed as withdrawn, indicating that the appellants likely received a favorable outcome due to the builder's absence.
Overall, this analysis highlights the importance of transparency, communication, and adherence to commitments in the real estate sector. Builders should prioritize timely possession and clear communication with buyers to avoid disputes. When disputes do arise, responding appropriately in legal proceedings is crucial to defend against claims and maintain a reputable standing in the industry.
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