| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
When it comes to property investment, understanding the track record and reputation of a builder is crucial. This blog post focuses on Pralhad Investment Limited, a builder operating in Gujarat, examining their legal performance and providing potential buyers with valuable insights.
Legal Performance Overview
Pralhad Investment Limited has faced legal challenges, with one official complaint recorded against them. It’s important to note that the builder has lost this case, which may raise concerns for prospective buyers regarding reliability and service quality.
Summary of the Case
In the complaint against Pralhad Investment Limited, the complainant asserted that the promoter delayed payment of an amount due, along with associated interest and charges. Conversely, the builder countered that the complainant failed to make timely payments, which they claimed caused the delays. Ultimately, the case resulted in a ruling in favor of the complainant, mandating Pralhad Investment Limited to pay the owed …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Pralhad Investment Limited, where the builder lost, revealed several key themes across the disputes. The cases primarily revolved around two main topics: delayed payment claims and disputes over payment responsibility.
The delayed payment claims typically involved the complainant alleging that the builder had delayed payment of amounts owed, including interest and charges. This theme emerged consistently in the cases, highlighting an apparent systemic issue within the builder's operations regarding timely payment fulfillment.
Closely tied to the delayed payment claims were the disputes over payment responsibility. In these cases, the builder often countered the complainants' claims by asserting that the delay was attributable to the other party's failure to pay on time. This defensive strategy indicates a pattern where the builder sought to deflect responsibility for delays by blaming the complainants for insufficient payment adherence.
The common trigger for litigation in these cases seemed to …
Individual case details available for subscribers.
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