| CIN | U45203DL2005PLC134737 |
|---|---|
| Year Established | Not Available |
| Address | 2ND FLOOR, A-WING, STATESMAN HOUSE, BARAKHAMBA ROAD , NEW DELHI, Delhi, India - 110001 |
| Company Status | Public |
Overall Case Outcomes
Introduction
In the competitive landscape of real estate, understanding the performance and reliability of builders is crucial for prospective homebuyers. This analysis delves into Pearls Infrastructure Projects Limited, a builder based in Punjab, to refine the decision-making process for potential customers.
Overview of Pearls Infrastructure Projects Limited
Pearls Infrastructure Projects Limited has emerged as a prominent player in the Punjab real estate market. However, scrutiny into their legal track record reveals certain insights into their operations, which may influence buyers’ decisions.
Legal Case Overview
- Total Complaints: 1
- Cases Won: 0
- Cases Lost: 1
Detailed Legal Case Analysis
- Case Details:
- Appellant Claim: The complainant sought compensation for an unregistered project.
- Respondent Claim: The builder was absent from the hearing.
- Final Verdict: The complaint was dismissed as withdrawn, with the option for the appellant to file a new complaint concerning the same issue.
This case reflects a crucial factor: the absence of …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Pearls Infrastructure Projects Limited, where the builder lost, reveals several key insights into the nature of the disputes faced by the builder.
The cases highlight two primary themes: unregistered projects and absenteeism in hearings. The first theme revolves around the complainant claiming compensation for an unregistered project, which raises concerns about the builder's compliance with legal requirements for project registration. This is a critical issue, as unregistered projects may lack the necessary oversight and protections for buyers, leading to potential financial losses or delays in possession.
The second theme is striking and underscores a troubling trend: the builder's failure to appear in hearings. In the sole case summarized, the respondent (the builder) was not present, resulting in the complaint being dismissed with the complainant retaining the right to refile. This absenteeism could indicate a lack of seriousness about addressing grievances or a …
Individual case details available for subscribers.
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