CIN | U45200DL2008PTC178085 |
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Year Established | Not Available |
Address | FLAT NO. PVT-1, PLOT NO 4-C, 1ST FLOOR, BLOCK-6, RISHI APPT BATTERY LANE, RAJPUR ROAD, C IVIL LINES , DELHI, Delhi, India - 110054 |
Company Status | Private |
Overall Case Outcomes
Shivnandan Buildtech Private Limited, operating primarily in Haryana, has faced a series of legal challenges in recent times. With a total of 5 complaints lodged against the company, it is notable that the builder has lost all cases presented in court. This blog post delves into the details of these legal battles and offers insights for prospective buyers.
The five cases lost by Shivnandan Buildtech were primarily centered around issues related to delayed possession of flats and refunds. Here are some patterns observed:
Interestingly, while Shivnandan Buildtech faced losses in all instances, it's essential to note that one case involved the builder winning based on jurisdiction—meaning the complaint was remitted for fresh trial/decision. Three of the cases also resulted in orders for the builder to pay interest on delayed possession. This reflects a situation where the courts predominantly sided with the buyers, highlighting significant inadequacies in the builder’s operations and obligations.
Overall, the legal record of Shivnandan Buildtech raises serious concerns for potential buyers. With an alarming statistic of 5 cases lost without a single win leading to favorable outcomes for projects, buyers should proceed with caution.
In conclusion, choosing a builder is a significant decision. The case of Shivnandan Buildtech Private Limited exemplifies the importance of due diligence and informed decision-making in the real estate market.
Yearly Trend for these Cases
Analysis of the cases filed against Shivnandan Buildtech Private Limited, where the builder lost, reveals several key themes and patterns. The cases primarily revolve around four common topics: delayed possession claims, jurisdictional disputes, interest payment delays, and refund and compensation claims.
The majority of the cases involve delayed possession claims, where the complainants asserted that the builder failed to hand over possession of their flats within the agreed-upon timeframes. In these cases, the builder consistently attributed the delays to reasons beyond their control and sought exemptions from liability. However, the authorities did not accept this defense and directed the builder to pay interest at prescribed rates for the delayed periods.
Jurisdictional disputes also emerged in the cases, with the builder claiming that the Adjudicating Officer lacked the jurisdiction to entertain complaints filed by the respondents. This indicates a potential misunderstanding or misapplication of legal or regulatory requirements by the builder, as the Tribunal ultimately decided that the complaint should be remitted for a fresh trial or decision.
Interest payment delays and refund and compensation claims were also significant themes in the cases. The authorities mandated interest payments in several instances, highlighting the builders' obligations to compensate purchasers for delays. Refund claims often accompanied delayed possession claims, suggesting that buyers were not only seeking reimbursement for delayed units but also looking to exit their agreements due to the builder’s inability to deliver on time.
A pattern that emerges from these summaries is that the builder’s litigation often stemmed from an inability to meet project timelines and fulfill contractual obligations. Common triggers for the cases included the builder's failure to provide possession within the stipulated periods, which led to claims for interest, refunds, and compensation.
The builder lost these cases primarily due to insufficient evidence to support their claims of extenuating circumstances, a lack of compliance with legal or regulatory requirements, and a general failure to meet the expectations established through contractual agreements with buyers. The repeated failures to deliver possession on time and to adhere to the appropriate legal frameworks ultimately resulted in legal consequences for the builder.
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