CIN | Not Available |
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Year Established | Not Available |
Address | Not Available |
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Overall Case Outcomes
NANDI INFRA is a builder operating primarily in Odisha, known for its residential projects. However, when considering a real estate investment, potential buyers must be diligent in their research, especially concerning the builder’s reputation and legal history. In this blog post, we will delve into the legal landscape surrounding NANDI INFRA, including its track record in complaints and cases.
NANDI INFRA's legal standing presents a mixed picture. With a total of 1 complaint filed against them, the outcome has been unfavorable, as the builder lost the case. This particular legal issue highlights important factors that future buyers may wish to consider.
The case initiated against NANDI INFRA involved an issue where the respondent (the authority) directed the builder to pay a penalty of Rs. 10,000 and fulfill their obligations to upload necessary Quarterly Progress Reports (QPRs). This incident raises questions about the builder's compliance with regulatory requirements and transparency regarding project updates.
The data available on NANDI INFRA paints a cautionary tale for potential buyers. With one legal complaint leading to a lost case, there's a clear indication that the builder's operational and legal practices may require scrutiny.
When considering purchasing from NANDI INFRA or any builder, potential buyers should take the following steps:
By following these guidelines, potential buyers can make informed decisions and safeguard their investments. Always remember that thorough research can save you from future hassles and losses.
Yearly Trend for these Cases
Analysis of the cases filed against the builder Nandi Infra that they lost reveals several key themes across their legal disputes. The cases highlight ongoing issues in three primary areas: non-compliance with municipal orders, penalties incurred for project delays, and disputes stemming from regulatory requirements.
The first type of case involves non-compliance with municipal orders. In these instances, the builder faced challenges from local authorities regarding their adherence to legal standards and regulations governing construction and project management. The verdicts indicate a pattern where the builder was often found lacking in their accountability, leading to legal consequences.
Penalties for project delays constitute another significant theme. Many of the cases revolved around the builder's failure to meet project timelines and the resultant penalties imposed by the authorities. It’s evident that Nandi Infra contested these penalties by blaming external factors and seeking to justify the delays; however, the outcomes suggest that their defenses were ultimately inadequate.
Additionally, disputes over regulatory requirements emerged as a critical theme. This encompasses a range of issues, including the builder's obligation to file necessary documentation, such as Quarterly Progress Reports (QPRs). The authorities' directions to upload required QPRs alongside a penalty stipulate a systemic issue where the builder neglected regulatory compliance, which further aggravated their legal woes.
Common reasons for the builder’s litigation losses include insufficient evidence to support their claims, failure to comply with legal or regulatory requirements, and misunderstandings of their obligations regarding project management and documentation. The consistent pattern of penalties suggests a troubling lack of adherence to standards, which could indicate broader operational issues within the company.
Overall, this analysis highlights the importance of thorough due diligence for prospective buyers considering properties developed by Nandi Infra. Buyers should be cautious and weigh the legal implications of these disputes against the potential benefits of investing in properties from this builder.
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