CIN | Not Available |
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Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
When it comes to investing in real estate, choosing the right builder is paramount. Today, we spotlight Samarth Enterprises Sheven Shoppers, a builder situated in Gujarat with a mixed record in legal dealings. Let's delve into the company's reputation, past legal encounters, and what potential buyers should consider before making a commitment.
Yearly Trend for these Cases
Analysis of the cases filed against Samarth Enterprises Sheven Shoppers, where the builder lost, revealed several key points across the various disputes. The cases can be primarily grouped into two common themes: regulatory non-compliance and penalties for violations.
The builder faced legal action predominantly due to its failure to comply with the Real Estate (Exchange and Development) Act, 2016. Specifically, the builder was found to have violated Section 11(2) of the Act by not displaying their RERA registration number and website in advertisements. This highlights a pattern where builders may face legal consequences due to insufficient adherence to regulatory requirements, which raises concerns about their operational integrity and transparency.
The primary reason people brought cases against this builder was to contest the regulatory violations, which resulted in penalties. The builder's defense often revolved around claims of accidental non-compliance and assurances of future adherence, yet this did not mitigate the penalties imposed. The underlying factor contributing to the builder's losses in these cases was their inability to meet regulatory standards, demonstrating a lack of due diligence with legal obligations.
Overall, these case outcomes serve as a warning to potential buyers about Samarth Enterprises' legal standing and compliance history, suggesting a need for caution when considering their projects.
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