| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Understanding SHREE SHYAM DEVELOPERS: Legal Insights and Buyer Considerations
In the competitive landscape of real estate development, it's crucial for potential buyers to navigate their choices carefully. SHREE SHYAM DEVELOPERS, a builder primarily operating in Rajasthan, has recently come under scrutiny due to its legal standing. This blog post aims to delve into the builder's legal history, offering insights that can assist prospective homebuyers in making informed decisions.
Overview of Legal Cases
SHREE SHYAM DEVELOPERS has faced a total of 2 legal cases, with 1 complaint logged against them. Out of these, the builder has lost all the cases filed against it, marking a significant point of concern for potential buyers. Notably, the data reflects that there have been no cases in which the builder managed to win; rather, the only recorded legal outcome indicates that they were penalized. This is an important factor for anyone considering a potential purchase …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Shree Shyam Developers, where the builder lost, reveals several key themes and key patterns underlying the disputes. The cases can be broadly categorized into two main topics: penalties for project delays and compliance with regulatory requirements.
In terms of penalties for project delays, the builder faced legal action due to insufficient adherence to project timelines. Courts imposed penalties when the builder failed to complete projects on schedule, which is a recurring theme in the cases summarized. For instance, the builder was penalized Rs. 5,000 per QPRs (Quarterly Progress Reports) for delays in filing necessary documentation, highlighting the regulatory expectation of timely project management.
The second theme involves compliance with regulatory requirements. Many disputes revolved around the builder's failure to align with municipal orders or other legal stipulations. This non-compliance not only incited legal challenges from regulatory bodies but also led to dissatisfaction among buyers …
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