| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Understanding Pratik Infracon Private Limited: A Builder's Legal Landscape
When considering a property investment, it is crucial to assess the reputation and reliability of builders. One such builder, Pratik Infracon Private Limited, operating in Assam, has recently come under scrutiny due to its legal disputes. This blog aims to delve into the builder's past cases, exploring the patterns and common factors that may provide insights for potential buyers.
Legal Case Overview
Pratik Infracon Private Limited has faced a total of 2 legal complaints, both of which ended unfavorably for the builder, leading to 0 cases won and 2 cases lost. The nature of these cases revolves around the Real Estate (Regulation and Development) Act, 2016, which governs the registration of ongoing projects.
Summary of Legal Outcomes
The two cases involved the builder arguing that their projects were completed before the enforcement of the Real Estate Act, thereby placing …
Cases Lost by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
The analysis of the cases filed by the builder Pratik Infracon Private Limited, which it lost, reveals some significant insights. These cases primarily revolve around a few recurring themes, particularly focusing on compliance with real estate regulations and the consequential penalties imposed due to regulatory non-compliance.
- Ongoing Project Compliance: In the cases examined, the builder asserted that certain projects were completed before the Real Estate (Regulation and Development) Act, 2016 came into effect, suggesting they were not ongoing projects. However, the respondents successfully argued that these projects were indeed ongoing, triggering obligations for the builder under the Act.
- Penalties for Non-registration: In both instances, the builder faced penalties for failing to register the projects within the statutorily required timeframe. The tribunals upheld these penalties, indicating a clear expectation for builders to adhere to legal registration requirements to protect buyers' interests.
- Regulatory Non-compliance Disputes: …
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