| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the competitive world of real estate development, understanding a builder's reputation and their track record is crucial for potential buyers. Today, we delve into the case of Parvati Associates, a builder operating mostly in Chhattisgarh, which has recently been at the center of a legal scrutiny. With just one documented complaint and a lost case, it’s essential to evaluate the context around these events and how they might impact prospective clients.
Legal Troubles: An Overview
Parvati Associates has faced a single legal case that concluded with a loss. Here’s a closer look at the details of that case:
- Appellant Claim: The builder failed to submit required documents for registration, which was considered a violation of Section 3(ii) and 4(2) of the relevant Act.
- Respondent Claim: In their defense, Parvati Associates contended that they had submitted an incomplete application previously and sought to withdraw the current application.
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Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Parvati Associates which it lost revealed several key themes across the complaints raised by other parties. The cases can be broadly categorized into two main topics: regulatory non-compliance and penalties for project delays.
In terms of regulatory non-compliance, the most notable case involved Parvati Associates' failure to submit the required documents for registration as mandated by Section 3(ii) and 4(2) of the Act. This highlights a troubling pattern where the builder has been careless with adherence to legal standards, which raises concerns about their operational integrity.
The penalties for project delays are a direct consequence of the builder’s inability to meet regulatory requirements and fulfill their commitments. In the case mentioned, Parvati Associates was penalized with a hefty fine of Rs. 1,00,000, indicating a serious breach of trust and professional obligations in handling projects.
Common reasons for litigation in these cases include contesting the …
Individual case details available for subscribers.
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