RJ RISHIKARAN PROJECTS PRIVATE LIMITED

Introduction

RJ Rishikaran Projects Private Limited is a prominent builder operating in Karnataka. Like many players in the real estate sector, they have had their share of legal disputes, raising questions about their reliability and credibility. This blog post will explore the builder's legal standing, analyzing their cases won and lost, and providing valuable insights for potential buyers.

Legal Standing: A Closer Look at the Cases

Overview of Complaints

RJ Rishikaran Projects has faced a total of 3 complaints, with the builder winning 2 of those cases and losing 1. This record indicates a relatively favorable outcome for the builder in their legal confrontations but hints at areas of concern that potential investors should consider.

Cases Won by RJ Rishikaran Projects

• Cases Filed and Won (2 cases):
  Both cases were centered around perceptions of unfair rulings by the Adjudicating Officer. In these instances, the builder sought to have the …

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Analysis of the cases filed against RJ Rishikaran Projects Private Limited, where the builder lost, revealed several key themes and patterns. The primary disputes can be categorized into two main topics: Delayed Possession Claims and Refund and Compensation Disputes.

In the case summarized, the appellant claimed that after paying Rs. 25 lakhs for a flat in the Lake Gardenia project, they were not provided with the promised property, and the builder failed to return the full amount paid. This case exemplifies a Delayed Possession Claim, as the buyer was left without the acquired flat, and a Refund and Compensation Dispute, since there was a disagreement over the amount returned by the builder.

Common reasons for bringing cases to court in these instances typically revolve around the failure to deliver properties on time, which is a repeated concern in the real estate sector. Buyers often find themselves in disputes over …

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An analysis of the cases filed by the builder, RJ Rishikaran Projects Private Limited, which it won, revealed the following information. The primary theme of these cases revolves around disputes over adjudicating orders and joint compromises that typically bring the parties to a settlement. In the instances summarized, the builder challenged orders passed by the Adjudicating Officer, claiming unfair treatment in the decisions rendered, while the respondents sought to uphold these orders as fair and equitable. Ultimately, both parties opted for a resolution through a Joint Memorandum of compromise, indicating a willingness to settle disputes amicably rather than pursuing single-sided litigation.

The common reasons that led RJ Rishikaran Projects to bring these disputes to court appear to stem from a desire to contest perceived unfair penalties or rulings against them, which could affect their business operations and reputation. From the summaries, a pattern emerges where disputes often arise from interpretations …

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