MVD BUILDWELL PRIVATE LIMITED

Introduction

In the dynamic world of real estate, choosing the right builder can profoundly impact the buying experience. MVD Buildwell Private Limited is a builder operating primarily in Punjab. However, upon closer examination of their legal background, potential buyers may uncover significant insights into the company's operational practices and legal obligations.

Legal Case Overview

MVD Buildwell Private Limited has been involved in two notable legal cases:

1. Refund Claim for Delay in Possession
   • Appellant Claim: The buyer sought a refund of the amount deposited for their apartment, citing delays in possession.
   • Respondent Claim: The builder argued that the complainant’s delay in payment had caused the project delay, thus negating the request for a refund.
   • Final Verdict: The court ruled in favor of the buyer, mandating a refund along with interest as specified in Section 18 of the Real Estate Act.
2. Withdrawn Complaint
   • Appellant Claim: Details were not provided.
   • Respondent Claim: Not …

Unlock Full Report & Analysis

Analysis of the cases filed against MVD Buildwell Private Limited, where the builder lost, reveals several key themes and insights into their legal disputes.

The cases highlight two primary themes: Delayed Possession Claims and Project Delay Disputes. In the first type, customers sought refunds due to significant delays in the possession of their apartments. For instance, one claimant requested a refund of the amount deposited for an apartment, citing delays in possession as the reason. In response, the builder contended that the delay was caused by the complainant's failure to make payments on time, which contributed to the overall project delay. However, the legal verdict favored the claimant, ordering a refund with interest as mandated by Section 18 of the Real Estate Act.

The Project Delay Disputes revolve around the builder's attempts to deflect responsibility for delays onto other parties involved, such as the complainants themselves. People …

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