| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
In the world of real estate, builder reputation plays a crucial role in influencing buyer decisions. Today, we will take a closer look at Shilpi Corporation, a builder currently operating in Gujarat. Based on the legal cases and complaints recorded against them, we aim to assess their standing and provide insights for potential buyers.
Overview of Shilpi Corporation
Shilpi Corporation has been involved in 1 documented legal complaint. However, they have not won any cases, indicating a concerning performance in dealing with disputes. The single legal case lost by Shilpi Corporation serves as a significant point for potential buyers to consider.
Legal Case Summary
The key legal case involving Shilpi Corporation stemmed from the actions of M/s Sambhav Corporation. While Sambhav Corporation claimed they did not intentionally violate the law, they were ultimately fined Rs. 11,61,000, with Shilpi Corporation ordered to report the matter and deposit the fine. This highlights a serious legal fault that could reflect on Shilpi Corporation's overall reliability and adherence to regulations under the Real Estate (Regulation and Development) Act (RERA).
Analysis of Legal Cases
Patterns in Cases Lost
- Loss of Case: The most notable point regarding Shilpi Corporation is the single case they lost, which reflects negatively on their ability to navigate legal disputes successfully. This loss, resulting from indirect involvement through Sambhav Corporation, indicates possible negligence or an inability to manage business relations adequately.
Patterns in Cases Won
- Cases Won: Interestingly, Shilpi Corporation's involvement in legal action is limited; they have no cases they can claim victory in. This absence of favorable outcomes could suggest a struggle in defending their quality of service and standing in the real estate market.
Conclusion
Based on the available data, Shilpi Corporation seems to possess a limited track record of handling legal matters effectively. The single case lost and the fine imposed raise concerns for potential buyers. If you are considering purchasing property from Shilpi Corporation, it is paramount to exercise caution.
Tips for Potential Buyers
- Conduct Thorough Research: Look into reviews from past customers, check their projects for quality, and verify their reputation in the Gujarat market.
- Legal Documentation: Ensure that all legal documents related to your potential purchase are in order. It may be beneficial to consult with a legal expert in real estate to review contracts and agreements.
- Visit Projects: If possible, visit the builder's existing projects to gauge construction quality and fulfill any promises made during sales pitches.
- Seek Transparency: Engage with the builder and ask for clarity on any concerns you may have. Transparency is a sign of a reputable builder.
General Tips for Selecting Any Builder
- Check Complaints: Review any complaints posted online or reported to consumer forums to assess builder reliability.
- Evaluate Legal History: Research any legal disputes the builder has faced and how they have resolved them.
- Consider Financial Stability: A financially stable builder is less likely to cut corners, which often reflects in the quality of their projects.
- Seek Recommendations: Word-of-mouth recommendations from friends or family can lead to discovering trustworthy builders with proven track records.
In summary, potential buyers must proceed with diligence when dealing with builders like Shilpi Corporation, taking all necessary steps to ensure the safety of their investments.
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Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Shilpi Corporation that it lost reveals several key themes across the disputes it faced. The cases highlight ongoing issues in the builder's compliance with legal standards, particularly in relation to the RERA Act.
One of the most notable themes involves regulatory non-compliance. In the case with M/s Sambhav Corporation, the builder was fined for unintentional violations of the RERA Act, which demonstrates a pattern where builders may not fully adhere to or understand their legal obligations. This theme also encompasses assurances made by builders regarding future compliance, signaling a recognition of past shortcomings.
Fines and penalties constitute another significant theme, as seen in the imposition of a substantial fine on M/s Sambhav Corporation. This indicates a trend where authorities are increasingly wielding their power to sanction builders for non-compliance, which serves as a deterrent to others in the industry.
The common reasons people brought cases to court primarily revolve around contesting these fines and penalties, along with disputes over the builders' obligations under the law. There appears to be a pattern of litigation triggered by the builder’s failure to meet regulatory standards, leading to legal actions that result in financial repercussions.
Examining the outcomes of these cases, it's evident that builders lose primarily due to insufficient evidence of compliance or allegations of violation that are not adequately defended. In the reported case, M/s Shilpi Corporation's role was more procedural, involving the reporting of the violation and the fine rather than defending against claims of non-compliance itself.
This highlights the importance for builders to maintain thorough documentation of their adherence to regulatory requirements and to be proactive in understanding their obligations under the law to avoid similar legal disputes and financial penalties.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
| Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
|---|---|---|---|---|---|---|---|
| GJ/CMP/SM/Surat/210… | Gujarat | The Gujarat Real Estate Regulatory Authority impo… | ["Violation of Sect… | {"appellant_claim": "", "respondent_claim": "M/s … | Shilpi Corporation | https://drive.google.com/uc?id=1JjqabP-rX7ycyfoGmF4QAKfRSuu_B3EA |