SHREE KRISHNA CORPORATION

Introduction

In the competitive landscape of real estate, builders' reputations can heavily influence buyers' decisions. This post delves into the track record of SHREE KRISHNA CORPORATION, focusing specifically on its legal history and overall performance in project execution within Gujarat.

Legal Case Overview

SHREE KRISHNA CORPORATION has faced a total of two legal complaints; however, it is concerning that the builder has lost all cases filed against them. Here, we provide a detailed look at these cases to better understand the implications for potential buyers.

Case Summaries

1. Case Lost by the Builder
   The appellant claimed that they had timely submitted an application for alteration of their project. In contrast, the respondent (SHREE KRISHNA CORPORATION) asserted that the application had not been submitted within the prescribed timeline. The legal proceedings resulted in the builder facing a penalty of Rs. 1,00,000 for non-compliance.
   - Common Factor: This case highlights issues related to …

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Analysis of the cases filed against Shree Krishna Corporation, where the builder lost, reveals several key themes across the disputes. The cases can be broadly categorized into two types: penalties for project delays and disputes over compliance with regulatory requirements.

In the case of penalties for project delays, the builder was fined for violating Section 11 of the Real Estate (Regulation and Development) Act 2016. The promoter had claimed that their consultant was unable to fill the quarter on time, which indicates a common pattern where builders attribute delays to other parties involved in the project. This highlights a significant trigger for litigation, as builders often contest penalties by seeking to shift the blame for delays to consultants, contractors, or other stakeholders.

The reason the builder lost this case likely stems from insufficient evidence to support their claim of timely compliance. The imposition of a penalty suggests that the regulatory …

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Analysis of the cases filed by the builder Shree Krishna Corporation, which it lost, revealed several important insights.

The builder's disputes primarily revolved around issues of compliance, particularly concerning applications for project alterations and penalties associated with delays. The key themes identified include 'Alteration Application Compliance,' which pertains specifically to the timeliness and correctness of applications for project alterations, and 'Project Delay Penalties,' where the builder faced significant financial repercussions for failing to meet deadlines and project specifications.

In many instances, Shree Krishna Corporation brought cases to court in a bid to challenge penalties imposed due to alleged delays or non-compliance with alterations that they believed had been submitted on time. The company seemed to robustly contest the claims from respondents asserting that they did not adhere to the prescribed timelines for applications or project requirements. This indicates a pattern where the builder's litigation was often triggered by disagreements over …

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