| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
When it comes to selecting a builder, due diligence is essential. SHIVAM BUILDCON, operating in Gujarat, has had limited involvement in legal disputes, but understanding their track record can provide insight into their operations. This blog post will analyze SHIVAM BUILDCON's complaints and legal case history, offering valuable information for potential buyers.
Overview of SHIVAM BUILDCON
SHIVAM BUILDCON has faced one recorded complaint, which resulted in the builder losing the case. This paints a picture of a builder who has not yet established a robust legal or operational record when it comes to adhering to regulatory standards.
Legal Case Details
The builder faced one legal case:
- Case Summary: The authority claimed SHIVAM BUILDCON failed to submit quarterly reports within the deadline and neglected to respond to warnings issued by the authority. The builder, in their defense, argued that they had not received any notifications to submit said reports. Despite the claim from the promoter, the final verdict was unfavorable, imposing a fine of Rs. 20,000 on SHIVAM BUILDCON for their non-compliance.
Analysis of Legal Patterns
Cases Lost
From the available information, it is evident that SHIVAM BUILDCON has lost their only legal battle, largely due to issues revolving around communication and compliance with regulatory obligations. The loss stemmed from a failure to submit necessary documentation and a lack of response to official notifications, indicating possible organizational or operational issues within the company.
Cases Won
Currently, there are no records of cases won for SHIVAM BUILDCON, marking a potentially concerning lack of successful legal outcomes. This absence of wins may imply a need for improvement in understanding and responding to regulatory requirements.
Conclusion
Overall, SHIVAM BUILDCON's track record raises several red flags for potential buyers. With one complaint leading to an unfavorable legal outcome and no successful claims on record, buyers might consider proceeding with caution. It is essential to ensure that any builder can demonstrate reliability and compliance with local regulations.
Tips for Potential Buyers
- Due Diligence: Conduct thorough research into the builder’s past projects and any legal issues they may have encountered.
- Communication: Ensure clear communication pathways are established with the builder prior to purchase. This will help to resolve any misunderstandings quickly.
- Regulatory Compliance: Investigate whether the builder regularly adheres to local regulatory frameworks, which can reveal their operational integrity.
- Ask for References: Reach out to previous buyers to gather feedback about their experiences with the builder.
General Tips for Selecting a Builder
- Check Reputation: Utilize online reviews and testimonials to gauge the builder's reputation.
- Look for Experience: A builder with a long-standing presence in the industry may have demonstrated reliability and quality.
- Evaluate Financial Stability: Financial health is crucial as it affects the builder's ability to complete projects on time and maintain quality.
- Get Everything in Writing: Always ensure that agreements and warranties are documented to protect your investment.
In conclusion, while SHIVAM BUILDCON operates within Gujarat and has a basic presence, their legal record suggests that potential buyers should conduct careful assessments and remain vigilant.
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Here you’ll find cases where the builder sued others but didn’t win. We’ve included a simple summary and key takeaways from each case.
An analysis of the cases filed by the builder Shivam Buildcon, which it lost, reveals intriguing patterns regarding regulatory compliance and the handling of project-related reporting.
Regulatory Non-compliance appears to be a recurring theme throughout the disputes. In the case summarized, the promoter claimed not to have received notifications for submitting quarterly reports. However, the Authority maintained that Shivam Buildcon failed to submit these reports by the established deadlines and did not respond to the notifications sent. This indicates a significant disconnect between the builder's claims and the regulatory expectations.The most notable case focuses on Penalties for Delayed Reporting, where the builder faced a fine of Rs. 20,000. This penalty reflects how regulatory bodies enforce compliance and the consequences that arise when builders fail to adhere to reporting deadlines.
Commonly, Shivam Buildcon brought cases to court largely contesting penalties it received and disputing claims related to project management and regulatory processes. This suggests an ongoing struggle between the builder's operations and the legal frameworks governing construction activity. The motivations for litigation often revolve around efforts to mitigate penalties or contest claims about the failure to adhere to mandated timelines for project documentation.
Yet, upon examination of why the builder lost these cases, several consistent themes emerge. A lack of sufficient evidence to support the builder's claims, non-compliance with specified legal regulations, and failure to address interim directions appear to be decisive factors in the unfavorable rulings. Additionally, misunderstandings regarding the requirements for project classification or regulatory notifications seem to have contributed to the difficulties faced by Shivam Buildcon.
Overall, these cases serve as a reminder of the importance of maintaining rigorous compliance with regulatory obligations in the construction industry. Potential buyers should be wary of builders who have a history of legal disputes concerning regulatory issues, as these may indicate underlying management challenges or operational inefficiencies.
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 |
|---|---|---|---|---|---|---|---|
| Suo-moto complaint … | Gujarat | The promoter, Shivam Buildcon, failed to submit q… | ["Non-compliance of… | {"appellant_claim": "The promoter claimed that th… | Shivam Buildcon | Gujarat Real Estate… | https://drive.google.com/uc?id=1xiSztBzA0wmJqJJuwCeKbiC9HR-yoxR7 |