| 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, understanding a builder's track record can be crucial for property buyers. Today, we take a closer look at President Square Corporation, a builder operating in Gujarat, and analyze its performance through its legal history. With a single complaint and a lost case under its belt, what does this mean for potential buyers?
Overview of President Square Corporation
President Square Corporation has been active in the real estate market in Gujarat. However, it has faced some legal challenges that could be of concern to potential buyers. Let's delve deeper into the specific legal cases associated with the company.
Legal Case Details
President Square Corporation has had one recorded legal case against it:
- Case Overview：
- Respondent Claim: The builder was found to have violated the RERA Act by failing to display the required RERA registration number and website in their advertisements.
- Final …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against President Square Corporation, where the builder lost, reveals several key insights into their legal disputes.
The cases against President Square Corporation primarily revolve around two common themes: regulatory non-compliance and penalties for violations. In the highlighted case, the builder was found to have violated the Real Estate (Regulation and Development) Act, or RERA, by failing to display their registration number and website in advertisements. This points to a broader pattern of neglecting regulatory obligations, which has been a recurring issue in the real estate sector.
Common reasons for litigation in these cases include contesting penalties imposed for non-compliance and disputing accusations of deceptive advertising practices. The builder’s failure to adhere to RERA requirements not only incurred financial penalties but also undermined trust with potential buyers.
The primary reason President Square Corporation lost these cases stems from their inability to meet regulatory …
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