| 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, the reputation of builders can heavily influence buyer decisions. One such builder, Pesefica Companies, has recently garnered attention due to its legal disputes. This blog post aims to delve into the details surrounding the builder, highlighting patterns in their legal cases, and offering insights for potential buyers.
Background of Pesefica Companies
Pesefica Companies operates primarily in the state of Gujarat and has faced a total of two complaints. Unfortunately for the builder, both cases resulted in losses, illustrating challenges in its operations and customer relations.
Legal Case Overview
Pesefica Companies has been involved in two legal disputes where the outcomes were decidedly unfavorable for the builder. Here’s a closer look at the details:
- Case Summary:
- Appellant Claim: The complainant sought a refund for a cancelled villa booking, along with interest.
- Respondent Claim: Pesefica Companies argued that the refund …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Pesefica Companies, where the builder lost, reveals several key themes and patterns. The cases primarily revolve around refund disputes for cancelled villa bookings, with all instances involving the complainant seeking a refund along with interest compensation.
The builder's defense consistently suggested paying the refund in installments—specifically, over an 8-month period. This indicates a strategic attempt by the builder to negotiate the payment terms rather than outright denying the refund. However, the authority presiding over these cases determined that the builder should not only honor the refund request but also pay interest at a rate of 9%, reinforcing the commitment to protecting the consumer's financial interests.
Common reasons for bringing these cases to court include the builder's failure to provide an immediate refund upon cancellation and the inadequate proposal for installment payments, which presumably did not meet the expectations of the complainants. The patterns emerging …
Individual case details available for subscribers.
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