CIN | U15425RJ1999PTC015889 |
---|---|
Year Established | Not Available |
Address | 17/1, Civil Lines, Rampura, Suraj Nagar (East), , Jaipur, Rajasthan, India - 302006 |
Company Status | Private |
Overall Case Outcomes
Introduction
Ratnesh Industries Private Limited has established itself as a notable player in the real estate sector, particularly in Rajasthan. With a prominent track record, the company has successfully navigated legal challenges while maintaining a flawless win record. In this blog post, we will delve into the builder's legal history, analyze patterns from their cases, and offer insights for potential buyers.
Legal Performance Overview
Ratnesh Industries Pvt. Ltd. has faced a total of 4 legal complaints, all of which resulted in favorable outcomes for the builder. The company's record is impressive, with a 100% success rate — winning all 4 cases without losing any. Such performance is indicative of robust management and adherence to legal protocols in their operations.
Breakdown of Legal Cases
The cases filed against Ratnesh Industries primarily involved claims for refunds due to unpaid amounts from Majestic Properties Pvt. Ltd. These claims showcase a recurring theme:
- Refund …
Cases Won by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed by the builder, Ratnesh Industries Private Limited, which it won, revealed the following information. The disputes predominantly revolved around refund claims for unpaid amounts, where complainants sought refunds from Majestic Properties Pvt. Ltd. However, in each of these instances, Majestic Properties did not provide a response, leading to favorable outcomes for Ratnesh Industries through authoritative orders for refunds with interest. Additionally, there was a case where both parties reached an amicable settlement, illustrating a willingness to resolve disputes outside of court.
The primary theme emerging from the cases pertains to refund claims, where the builder was able to process claims successfully despite lacking responses from the opposing party. This absence of defense from Majestic Properties not only facilitated a clear path for Ratnesh Industries but also underscored the importance of solid legal representation during real estate transactions. The litigation appears to be largely triggered …
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