| CIN | U45203OR2013PTC017237 |
|---|---|
| Year Established | Not Available |
| Address | L-64, BARAMUNDA H.B. COLONY BHUBANESWAR Khordha OR 751003 IN |
| Company Status | Private |
Overall Case Outcomes
Introduction
In the competitive world of real estate, understanding a builder's track record is critical for potential buyers. PARIBARTANBIKASH INFRA VENTURES PRIVATE LIMITED, operating primarily in Odisha, provides a case study worth examining, particularly in light of their legal disputes and the outcomes thereof.
Builder Background
PARIBARTANBIKASH INFRA VENTURES PRIVATE LIMITED has been involved in the real estate sector with a current focus in Odisha. The builder has faced a total of one legal complaint, which has resulted in one case being lost, reflecting a concerning legal history that prospective buyers should take into account.
Legal Case Details
Case Overview
The legal issue at hand stemmed from alleged non-compliance with the Real Estate (Regulation & Development) Act, 2016. The appellant claimed that PARIBARTANBIKASH INFRA VENTURES proceeded with project work without obtaining the necessary registration certificate from the relevant authority. The builder did not respond to the allegations in court, leading …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Paribartanbikash Infra Ventures Private Limited, where the builder lost, reveals several key themes across the disputes. The cases highlight ongoing issues primarily centered around regulatory non-compliance, particularly in relation to the Real Estate (Regulation & Development) Act, 2016 (RERA).
The builder faced penalties due to the violation of Section 3 of RERA, which mandates that builders must obtain a registration certificate before proceeding with project work. In one notable case, the builder was held liable to pay a penalty of Rs. 2,00,000/- for failing to secure the necessary registration. This case underscores a pattern where builders may face legal repercussions due to a lack of compliance with critical regulatory requirements.
Common reasons for litigation in these cases include contesting the penalties imposed for non-compliance and disputes over the builder's obligations under RERA. There was also a notable absence of defense or claims presented by …
Individual case details available for subscribers.
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