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SAMYAK RESOURCES PRIVATE LIMITED

3.8/5 (1 case analyzed)
  • States Active In: Madhya Pradesh
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Year EstablishedNot Available
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Overall Case Outcomes

Introduction

In the realm of real estate, the reputation of a builder holds significant weight in the decision-making process of potential homebuyers. One such entity is Samyak Resources Private Limited, operating principally in Madhya Pradesh. This post aims to provide an overview of Samyak Resources, exploring their legal standing through a review of complaints, court cases, and overall credibility based on public records.

Builder Overview

Samyak Resources Private Limited is a builder with a limited presence, indicated by their operations being confined to Madhya Pradesh. With only one complaint recorded, it might seem that the company has a relatively clean slate. However, a deeper examination of their legal history reveals concerns that buyers should be aware of.

Legal Case Analysis

Two significant cases have been documented concerning Samyak Resources:

  1. Cases Filed Against the Builder: The available data shows only one case filed, which the builder …

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Cases Lost by Builder (When Defending)

Yearly Trend for these Cases

Common Topics
Incomplete Construction Claims Deposit Refund Disputes

Analysis of the cases filed against Samyak Resources Private Limited, where the builder lost, reveals several key themes and patterns. The disputes primarily center around two topics: incomplete construction claims and deposit refund disputes.

Many of the cases involve claims from buyers that the builder failed to complete their residential units as per the agreed-upon specifications and timelines. These incomplete construction claims often overlap with deposit refund disputes, where buyers seek the return of their deposits along with interest after the builder's failure to deliver completed units.

A common reason for litigation in these cases is the builder's inability to fulfill their contractual obligations, which leads buyers to contest the retention of their deposits. The builders' defense typically revolves around their claim that buyers are not entitled to refunds, indicating a fundamental communication gap or misunderstanding of contractual terms.

The builder's losses in these cases can be …

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