| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction to Shiv Siddhi Corporation
In the competitive landscape of real estate development, understanding a builder's background, complaints, and legal history is crucial. One such builder, Shiv Siddhi Corporation, has been under scrutiny due to its performance and legal standing. This blog post delves into the builder’s record, highlighting a single complaint and the resulting legal ramifications.
Overview of Legal Complaints Against Shiv Siddhi Corporation
Shiv Siddhi Corporation has encountered one formal legal complaint, which resulted in a lost case against the builder. In this case, the promoter, representing the builder, claimed ignorance of the law, attempting to escape penalties. Unfortunately for the builder, the respondent in the case was the Authority, which accused Shiv Siddhi Corporation of violating provisions within the Real Estate (Regulation and Development) Act (RERA) and its associated rules.
The final verdict was not favorable for the builder; the Authority imposed a penalty of Rs. 75,000 …
Cases Lost by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
The analysis of the cases filed by the builder, Shiv Siddhi Corporation, which it lost, revealed significant insights into the nature of discontent and disputes that arose between the builder and the regulatory authorities. The primary theme emerging from these cases is the builder's consistent disregard for legal compliance, particularly in relation to the provisions of the Real Estate (Regulation and Development) Act, commonly known as the RERA Act.
One prevalent category of disputes pertains to penalties imposed for non-compliance with the RERA Act. In the one summarized case, the builder claimed ignorance of the law in refusing to accept responsibility, yet the Authority maintained that the builder violated established regulations. This illustrates a broader trend where a lack of knowledge or acknowledgment of legal obligations leads to significant financial penalties—here, a fine of Rs. 75,000 was levied against the builder.
Common reasons for the builder's litigation include contesting penalties …
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