| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Understanding PS Marine: A Comprehensive Overview of Their Legal Standing
In the world of real estate, it's essential for buyers to understand not just the property they are considering but also the builder behind it. In this blog, we’ll take an in-depth look at PS Marine, a builder with a presence in West Bengal, to help potential buyers make informed decisions.
Legal Background of PS Marine
PS Marine is a builder that has made headlines recently due to its legal standing, marked by one notable case. Here’s a closer look at the details of that case:
Overview of Legal Case
- Total Complaints: 1
- Cases Won: 1
- Cases Lost: 0
The only legal case involving PS Marine involved a dispute where the complainant, a flat owner, alleged that Yes Bank Limited had taken possession of their property without proper authorization. In response, Yes Bank claimed compliance with the SARFAESI Act, asserting …
Cases Won by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed by the builder, PS Marine, which it won, revealed the following information. The cases primarily revolved around disputes over unauthorized possession of properties, specifically focusing on claims made against Yes Bank Limited regarding repossession without proper authority. This indicates a common theme in property disputes where banks or financial institutions take possession of real estate assets, leading to legal confrontations with builders or homeowners.
PS Marine has brought such cases to court with the goal of contesting actions taken by financial institutions, often contesting the validity of those actions under the SARFAESI Act, which governs how companies can take possession of properties in default situations. In the summarized case, the builder sought relief against unauthorized possession, reflecting a strategic approach to safeguarding its interests in the face of repossession claims.
The common triggers for PS Marine’s litigation appear to stem from disputes related to …
Individual case details available for subscribers.
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