RAIGARH STEEL & POWER PRIVATE LIMITED

Introduction

Raigarh Steel & Power Private Limited is a prominent player in the construction and real estate sector, especially in the state of Chhattisgarh. While the company has made its mark, it has also faced legal challenges which potential buyers should be aware of. This blog post provides an overview of the complaints against Raigarh Steel & Power, the outcomes of these cases, and advice for potential buyers.

Overview of Legal Cases

Raigarh Steel & Power has had a total of 1 reported complaint against it, and unfortunately, that case resulted in a loss for the company. The complaint was brought before the Chhattisgarh Real Estate Regulatory Authority (RERA), where it was claimed that Raigarh Steel & Power had not adhered to the stipulated provisions of the Act, specifically Sections 4 and 1. In response, the builder argued that they had complied with all necessary regulations. However, the final verdict …

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Analysis of the cases filed against Raigarh Steel & Power Private Limited, where the builder lost, reveals several key insights into their legal disputes.

The cases against the builder primarily cluster around two themes: non-compliance with the provisions laid out by the Chhattisgarh Real Estate Regulatory Authority (RERA) and the ensuing penalties for these violations. The builder was accused of not adhering to critical sections of the RERA, which raised concerns about their operational integrity and commitment to legal standards in real estate development.

Common reasons for the litigation included contesting the penalties imposed by Chhattisgarh RERA and disputes over the builder's compliance with the regulatory framework. In the highlighted case, the builder claimed to have fulfilled all provisions of the Act, yet the evidence presented did not support this contention, leading to a penalty of Rs 50,000. This pattern indicates a significant area of concern, as it …

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