| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the vast landscape of real estate in India, potential buyers often seek out builders with a strong reputation for quality and reliability. One such builder is SHAKTI ASSOCIATES, operating primarily in Gujarat. This blog post takes a closer look at SHAKTI ASSOCIATES, its legal standing, and what this means for potential buyers.
Legal Overview of SHAKTI ASSOCIATES
SHAKTI ASSOCIATES has faced various legal challenges, with a total of 1 complaint lodged against them. In this case, the builder lost, resulting in a penalty for not submitting final reports on the completion of their projects. This paints a concerning picture regarding their compliance and accountability, aspects crucial to any buyer's confidence.
Legal Breakdown:- Total Complaints: 1
- Cases Won: 0
- Cases Lost: 1
- States with Projects: Gujarat
Analysis of Legal Performance
1. Cases Won:- Summary: The builder has not won any cases against them, marking a critical point in assessing …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Shakti Associates, where the builder lost, reveals several key themes across the disputes. The cases can be broadly categorized into penalties for project delays, non-compliance with municipal orders, and disputes over project completion reporting.
The first type of case involves penalties imposed on the builder for failing to complete projects on time. In these instances, the promoters were ordered to pay penalties as a direct result of their inability to meet the expected timelines, highlighting a consistent pattern where delays led to legal consequences.
Another recurring theme is related to the builder's non-compliance with municipal orders and regulations. While specific details of the claims and defenses in this area remain vague, it is important to note that any builder's failure to adhere to established regulatory frameworks typically results in legal action, emphasizing the importance of compliance in the real estate sector.
The disputes over …
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