| CIN | L65921TN1985PLC049092 |
|---|---|
| Year Established | Not Available |
| Address | ARIHANT VTN SQUARE II FLOOR 58 G.N.CHETTY ROAD, T-NAGAR, , CHENNAI, Tamil Nadu, India - 600017 |
| Company Status | Public |
Overall Case Outcomes
Introduction
In the competitive world of real estate, assessing a builder's legal standing can significantly influence a potential buyer's decision. This blog delves into LANCOR HOLDINGS Limited, a builder operating in Tamil Nadu, exploring their legal performance, case outcomes, and what prospective buyers should know.
Overview of LANCOR HOLDINGS Limited
LANCOR HOLDINGS Limited has garnered attention not only for its construction projects but also for its legal dealings. The builder has faced a total of 5 complaints with an impressive track record of winning all 5 cases.
Legal Performance
Complaints and Verdicts
- Number of Complaints: 5
- Cases Won: 5
- Cases Lost: 0
All cases were centered around allegations relating to the definition of 'co-promoters' as outlined in Section 2(zk)(v) of the relevant Act. The appellants disputed the legitimacy of penalties imposed on them, maintaining that they were not co-promoters. However, the tribunal consistently ruled in favor of the respondents, asserting …
Cases Won by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed by the builder, LANCOR HOLDINGS Limited, which it won, revealed the following information. The cases primarily centered around two key themes: disputes over co-promotion classification and penalties for regulatory non-compliance.
In all the cases, the appellants contested being classified as co-promoters under Section 2(zk)(v) of the Act, asserting that the penalties imposed were unjustified.
Invariably, the respondents countered these claims by maintaining that the appellants were indeed co-promoters and that penalties were warranted.
The common reasons leading LANCOR HOLDINGS to bring these cases to court included contesting imposed penalties, disputing regulatory classifications, and defending its operational integrity against accusations of wrongdoing.
One notable pattern observed in these disputes is the builder’s persistent challenge against penalties perceived as unjust, often asserting that the criteria for co-promotion were misunderstood or misapplied by the respondents.
These analyses indicate that the builder won these cases due to several …
Individual case details available for subscribers.
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