CIN | Not Available |
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Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
Shivandev Developers is a construction company that operates in Madhya Pradesh. While they seem to be making strides in the real estate sector, potential buyers and investors should be aware of the legal challenges the company has faced.
The builder has encountered a legal case where they lost, highlighting some areas of concern for potential buyers. The pertinent details of the case are as follows:
This legal outcome marks a clear indication of the builder's challenges in meeting deadlines and fulfilling contractual obligations, which could be a red flag for future buyers.
Given the available information, Shivandev Developers has not established a strong track record in terms of legal disputes. With one lost case to its name, potential buyers should tread carefully and perform thorough due diligence before investing.
By keeping these considerations in mind, potential buyers can make more informed decisions and ultimately protect their investments.
Yearly Trend for these Cases
Analysis of the cases filed against Shivandev Developers, where the builder lost, reveals several key themes and key patterns in the disputes. The cases primarily revolve around two main topics: delayed possession claims and cooperation and documentation disputes.
The delayed possession claims involve situations where the builder failed to complete construction work on time and did not grant possession of the flats to the buyers, despite having received the agreed consideration amount. This is a recurring theme in real estate disputes, often leading to dissatisfaction and legal action from buyers who expect timely fulfillment of their investment.
The cooperation and documentation disputes typically arise when builders claim that buyers have not provided necessary documents or have not been cooperative in the process, which is then used as a defense for delays or non-fulfillment of obligations. However, in the case of Shivandev Developers, the adjudicating officer did not accept this defense, suggesting that the builder's responsibilities to deliver on time took precedence over these claims.
Common reasons for bringing cases to court in these instances include contesting delays, disputing project delays attributed to other parties, and disagreements over contractual obligations. A pattern emerges where builders often attempt to shift the blame for delays from their own operational inefficiencies to the buyers, citing lack of cooperation or documentation issues.
The builder lost these cases primarily due to a failure to meet contractual obligations, particularly concerning timely possession delivery. The adjudicating officer's decision mandates the builder to repay the consideration amount along with interest and compensation, highlighting the legal expectation that builders must adhere to agreed timelines and deliver properties as promised.
This analysis serves as a cautionary tale for potential buyers, emphasizing the importance of scrutinizing a builder's reputation, past performance, and adherence to timelines before making any investment. It also raises awareness about the legal protections available to buyers under such circumstances and encourages builders to fulfill their obligations promptly.
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