CIN | Not Available |
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Year Established | Not Available |
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Overall Case Outcomes
Introduction
RNR Limited is a name that has gained attention in the building sector, specifically within the state of Telangana. With a notable legal track record, this builder has demonstrated a consistent ability to navigate legal challenges successfully.
Legal Background
RNR Limited has faced a total of three complaints, all of which have culminated in the builder winning the respective cases. Importantly, the builder has never lost a case, showcasing a strong legal prowess.
Overview of Cases Won
The legal disputes involving RNR Limited predominantly centered around the actions of Indian Bank regarding the auctioning of mortgaged properties. The core issues raised in these cases included:
- Appellant Claims: Complainants alleged that Indian Bank was unjustly auctioning properties for amounts exceeding the principal loan amounts, potentially jeopardizing the interests of home buyers.
- Respondent Claims: Indian Bank maintained that it possessed the right to auction properties based on the amounts due, including …
Cases Won by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed by the builder RNR Limited, which it won, revealed the following information. The disputes primarily revolved around Auction Disputes where complainants alleged that Indian Bank was unjustly auctioning mortgaged properties for amounts exceeding the principal loan amount. In these cases, the builder defended itself against claims by home buyers who feared harm from the auction processes instituted by the bank. The builder's position was that the auctions were legitimate actions taken by the bank to reclaim funds owed.
The reasons for bringing these cases to court often included contesting the legitimacy of penalties related to auction processes and clarifying the valuation of properties being auctioned. These cases show a pattern where the builder's defenses hinged on the bank's right to auction properties based on financial agreements, as well as the strains in communication and understanding between lenders, builders, and home buyers.
RNR Limited's success …
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