| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Understanding Radha Krishna Traders: A Transparency Report on Customer Complaints and Legal Cases
When considering property investments, buyers often seek builders with a solid reputation and minimal legal complications. One such entity to scrutinize is Radha Krishna Traders, a builder operating primarily in Madhya Pradesh. In this post, we will explore the builder’s legal track record, drawing insights from their cases and complaints to help potential buyers make informed decisions.
Overview of Legal Cases
Radha Krishna Traders has been involved in a total of two legal cases, of which they have lost one and won none. Denoting a ratio of complaints to legal outcomes, there is a noted concern for prospective buyers regarding the builder's reliability.
Case Summary of Interest
- Case Lost: The appellant claimed a refund of an advance deposit with interest due to non-delivery of a flat within the promised three-year timeline. The …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Radha Krishna Traders, where the builder lost, reveals several key themes and key patterns in the disputes. The cases can primarily be grouped into two categories: Delayed Possession Claims and Compensation and Refund Disputes.
The Delayed Possession Claims highlight the frustrations from buyers when flats are not delivered within the stipulated timelines. In the sole case summarized, the applicant sought a refund of the advance deposit due to the builder's failure to provide possession of a flat within three years. This indicates a breach of contractual obligations and a loss of trust from buyers in the builder's ability to deliver properties on time.
Compensation and Refund Disputes emerge as a consequence of delayed possession. Buyers who were unable to receive their promised flats sought not only refunds of their deposits but also interest compensation for the prolonged duration in which their funds were …
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