| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the dynamic world of real estate, builders hold a pivotal position in shaping our living spaces. However, prospective buyers need to analyze a builder’s reputation and performance carefully before making significant investment decisions. This blog post delves into Shreeji Corporation, a builder operating in Gujarat, examining its legal challenges and providing insights for potential buyers.
Company Overview
Name: Shreeji Corporation
Location: Gujarat
Number of Complaints: 7
Legal Cases: 1 Won, 6 Lost
Legal Case Review
Shreeji Corporation has encountered various legal challenges, with a total of nine cases filed against it. Out of these, the builder has one favorable verdict but has lost six cases, painting a concerning picture for potential buyers.
Cases Lost
The single case lost by Shreeji Corporation resulted in the promoters being ordered to pay penalties for violations of the Real Estate (Regulation and Development) Act (RERA), 2016. The penalties ranged from ₹30,000 to …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Shreeji Corporation, where the builder lost, reveals several key themes across the various disputes. The cases primarily revolve around violations of the RERA Act, failure to submit mandatory project reports, and the ensuing penalties for non-compliance.
The RERA Act violations constitute a significant portion of the cases, with multiple instances where the builder was penalized for not adhering to the regulatory requirements laid out in the Act. This suggests a systemic issue within the company's operations, possibly indicating a lack of thorough legal compliance checks or a misunderstanding of the obligations imposed by the RERA Act.
Closely tied to the RERA violations is the failure of the builder to submit final reports on their projects as required. This reflects a troubling trend where Shreeji Corporation may have been neglecting its obligations to maintain transparency and provide necessary documentation to regulatory authorities. Such reports are …
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, Shreeji Corporation, which the builder won, revealed important insights into the nature of disputes in the real estate market. The cases can be categorized under three primary themes: Regulatory Non-compliance Penalties, Disputes Related to Project Delays, and Accusations of False Claims.
Under the theme of Regulatory Non-compliance Penalties, the builder faced claims regarding violations of the Real Estate (Regulation and Development) Act, 2016. In these instances, regulatory bodies imposed penalties, but the builder was able to contest these effectively and demonstrate compliance with pertinent regulations. This suggests a pattern of misunderstandings about the regulations at play or a lack of sufficient evidence from the opposing parties.
Disputes related to project delays often stem from buyers' expectations being unmet, leading to claims from homebuyers for remediation or punitive measures. However, Shreeji Corporation successfully defended itself, largely due to …
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