| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
Parkway Holdings Private Limited is a builder with a presence in Karnataka. While it is essential to assess builders before making property investments, this company has a limited track record that warrants attention. In this article, we will analyze the builder's legal history, including complaints and case outcomes, before summarizing key considerations for potential buyers.
Legal History Overview
Parkway Holdings Private Limited has a single complaint recorded against it. Notably, the builder has lost one case, while it has not won any. Below, we dive into the details of the legal dispute:
Case Summary
1. Case Filed Against the Builder: In this instance, the complainant alleged that the respondents (the builder) failed to register the villa in his name. He sought compensation for delay period interest, which suggests dissatisfaction regarding timeliness and proper contractual adherence. The respondents contended that the complainant was not entitled to such compensation. In …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Parkway Holdings Private Limited, where the builder lost, reveals several key themes and patterns. The primary disputes can be grouped into two common themes: Delayed Possession Claims and Compensation for Delay Period Interest.
The cases often revolved around the builder's failure to register properties in the names of the complainants, which led to claims for compensation due to the delay. This highlights a significant area of concern for potential buyers regarding the builder's ability to fulfill their commitments on time.
The reasons people commonly brought cases to court against Parkway Holdings center around the emotional and financial strain caused by delays. In the case summarized, the complainant sought compensation for the delay period interest after the builder failed to register the villa in their name. This indicates a pattern where common triggers for litigation include the builder's inability to meet project timelines and …
Individual case details available for subscribers.
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