CIN | Not Available |
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Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
Shivam Megastructure Private Limited is a builder primarily operating in Maharashtra. With a limited number of complaints and legal issues, it presents an intriguing case for potential homebuyers and investors looking into real estate opportunities in the region.
The builder has one recorded complaint against it, indicating a relatively minor legal footprint. Of the cases filed against the company, it has won none while losing one case. This balances out the builder's overall record with a cautionary note for those considering investment.
Given the limited number of legal challenges and the outcomes, Shivam Megastructure's reputation may not be fully representative of their building quality or customer service but raises red flags for cautious buyers. The presence of one complaint can indicate either an isolated issue or potential systemic problems that could reflect on the buyer's experience.
In conclusion, Shivam Megastructure Private Limited’s limited legal history, highlighted by one complaint and lost case, suggests a need for caution. While there is potential for quality projects, prospective buyers should approach with diligence—conducting adequate research and ensuring clarity in contracts will be crucial. By following best practices when engaging with any builder, buyers can safeguard their investment and enhance their home buying experience.
Yearly Trend for these Cases
Analysis of the cases filed against Shivam Megastructure Private Limited, where the builder lost, reveals several key insights into their legal disputes. The cases can be broadly categorized into two themes: Delayed Possession Claims and Procedural Compliance Disputes.
The first type involves claims primarily related to delays in project completion or possession. Although the specific details provided in the summary indicate a focus on the procedural aspects of appeal filings rather than the possession delays themselves, it is important to note that many disputes in real estate revolve around builders failing to meet project timelines. Buyers often expect timely possession of their properties, and when developers do not meet these expectations, it commonly leads to legal action.
The second theme, Procedural Compliance Disputes, highlights the builder's challenges related to adhering to legal processes when filing appeals or responding to orders. The sole case summarized illustrates an instance where the builder sought condonation of delay in filing an appeal, which indicates a broader pattern of procedural non-compliance or inability to meet legal deadlines, a theme that could encompass various types of disputes beyond just delayed possession.
The reasons people brought cases to court in these instances primarily revolve around the builder's failure to fulfill contractual obligations, particularly concerning timely possession and adherence to legal timelines. Buyers may also dispute penalties imposed on them by builders for delays that buyers perceive as beyond their control. The common trigger for the builder's litigation appears to stem from an inability to deliver projects on schedule, which ripples into various legal disputes, including procedural compliance issues.
The builder lost these cases predominantly due to insufficient justification for the delays in their appeal filings. In the example provided, the tribunal allowed the application despite the respondent's opposition, indicating that the builder's reasoning for the delay was ultimately accepted; however, this may not always be the case. Generally, builders in similar disputes lose due to a lack of compelling evidence to support their claims, or they may fail to comply with regulatory requirements, which further aggravates their legal position.
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