CIN | Not Available |
---|---|
Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
In the realm of real estate and construction, choosing the right builder can profoundly impact your home-buying experience. One such builder to examine is Sat Infra, which currently operates in Gujarat. While they may seem like a viable option on the surface, a closer look at their legal track record reveals a concerning pattern that potential buyers should consider before making any commitments.
Sat Infra has had a rough time in the legal arena, having faced a total of 2 complaints. Disturbingly, the builder has lost both cases, which raises questions about their reliability and adherence to regulatory guidelines.
Given the information available, Sat Infra appears to be a builder fraught with compliance issues and legal challenges. Potential buyers should exercise caution and conduct thorough research before entering any agreements with them. The loss of both legal complaints and the imposition of penalties indicate a lack of due diligence that could affect project timelines and overall satisfaction.
In the end, the choice of a builder should not be taken lightly. Being informed and prepared can help safeguard your investment and ensure a positive home-buying experience.
Yearly Trend for these Cases
Analysis of the cases filed against Sat Infra that the builder lost reveals several key points across the spectrum of disputes encountered by the builder. The cases highlight two primary themes: non-compliance with regulatory requirements and delays in submitting mandatory documentation.
In terms of non-compliance, the builder faced penalties due to their inability to adhere to the established regulations, particularly concerning project deadlines and financial reporting. This reflects a broader pattern where builders may prioritize their operations over the obligations set forth by local authorities, leading to legal repercussions.
Delays in submitting essential documents also stand out as a significant theme in these cases. The builder had committed to providing an annual audit report by a specific date (10/03/2020) but failed to do so, which resulted in a fine of Rs. 40,000 and a court directive to fulfill this obligation. This instance underscores a common issue in the real estate sector where builders often face challenges in maintaining regulatory compliance, particularly when it comes to financial reporting and project updates.
The reasons people brought cases to court against Sat Infra primarily revolved around the builder’s failure to meet commitments, both in terms of project timelines and regulatory reporting. This points to a significant area of concern for potential buyers who must weigh the credibility of builders against their track record with local authorities.
The builder's losses in these cases can be attributed to several factors, most notably non-compliance with regulatory requirements and a failure to honor their commitments. In each instance, the builder's actions resulted in legal penalties, affirming the importance of transparency and adherence to rules in the real estate sector.
Yearly Trend for these Cases
The analysis of the cases filed by the builder, Sat Infra, which it lost revealed several insights into the company's legal challenges and operational practices. These cases predominantly fell under a few common themes, including Regulatory Non-compliance, where the builder faced issues related to adhering to local construction regulations and submission of necessary documentation; Penalties for Delays, where financial penalties were imposed due to delays in project submissions; and Project Completion Disputes, which arose from conflicts over the project status and completion claims.
One notable trend in the cases is that Sat Infra often contested penalties imposed by regulatory bodies, claiming that they had completed their projects and submitted all required documentation in a timely manner. However, the opposing parties—often regulatory authorities—consistently pointed to failures in submission processes, such as the lack of proper compliance reports within the required time frames.
The builder's litigation was frequently triggered by accusations of non-compliance with legal and regulatory requirements, resulting in financial penalties or project delays. These disputes typically stemmed from misunderstandings regarding the responsibilities associated with project documentation and submission, which were critical under the governance of local regulatory entities like GUJRERA.
A closer examination of why Sat Infra lost these cases reveals common reasons that undermine its claims. Insufficient evidence was a recurring issue; the builder failed to provide conclusive proof of compliance with submission deadlines, ultimately leading to their penalties. There were also instances of misunderstanding the timelines and processes mandated by regulatory bodies, suggesting a lack of robust project management practices. Furthermore, the inability to follow through on interim directions caused delays and escalated issues with project approvals.
In summary, Sat Infra's litigation losses highlight significant areas for improvement in regulatory compliance and documentation practices. Buyers should be cautious and seek builders with a proven track record of adhering to project management standards and timely regulatory submissions, as the evidence suggests that such factors are crucial in avoiding legal entanglements and ensuring project completion without unnecessary penalties or disputes.
No reviews for this builder yet. Be the first one to share your thoughts!