CIN | Not Available |
---|---|
Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
When considering a new property, potential buyers must evaluate not only the offerings of builders but also their track record in legal matters and complaints. In this post, we delve into the performance and reputation of Shreema Developers Private Limited, a builder operating in Odisha, based on publicly available data.
These numbers suggest a relatively low incidence of complaints; however, the reality becomes more nuanced when we consider the outcomes of the legal cases involving the builder.
Shreema Developers has faced one significant legal challenge, which they lost. The details of this case reveal important insights:
Based on the provided data, Shreema Developers Private Limited shows a concerning legal landscape, considering that they have won no cases and have a poor complaint handling record. Prospective buyers should exercise caution when contemplating properties from this builder, as their ability to resolve disputes favorably remains untested.
Shreema Developers Private Limited may offer potential projects in Odisha, but buyers should approach with a keen eye toward the builder’s legal history and market standing. Understanding risks and performing due diligence can save future complications. Always take the time to evaluate before making a significant investment in a property.
Yearly Trend for these Cases
Analyzing the cases filed by Shreema Developers Private Limited, which resulted in losses for the builder, reveals several insights into their frequent disputes and subsequent litigation failures. The cases can be categorized primarily under themes of regulatory non-compliance, jurisdictional disagreements with governing authorities, and disputes over project management governance.
One prominent theme is the penalties for regulatory non-compliance. In their contested cases, the builder often sought to challenge penalties imposed by regulatory authorities. For instance, the builder claimed that an authority had wrongfully imposed a penalty without jurisdiction and sought to amend the authority's order. However, the opposing party maintained that such an amendment was beyond their power, leading to the authority declining to rectify the order. This reflects a recurring issue where Shreema Developers contests penalties without effectively aligning their arguments to existing legal frameworks or powers specified in their operating statutes.
Another critical aspect is the disputes over jurisdictional authority. The builder's claims often hinge on perceptions of authority over penalty impositions. In this particular case, Shreema attempted to argue against an order they believed unjust, but the authority clearly articulated its lack of jurisdictional power to amend or rectify the order in question. This points to a significant disconnect between the builder's understanding of legal jurisdiction and the regulatory frameworks governing their operations.
The common reasons that drive the builder to bring such cases to court include contesting penalties levied by authorities, disputing project delays that may not be attributable solely to their performance, or disagreements regarding land classification rules. These instances suggest a pattern where the builder either underestimates the regulatory framework or misinterprets their relationship with governing bodies.
The outcomes of these cases typically involve the builders losing due to several factors. Common reasons for loss include insufficient evidence to support their claims, non-compliance with legal or regulatory requirements, failure to follow prescribed interim directions, or a fundamental misunderstanding of land or project classification rules. The inability to effectively substantiate their claims alongside a lack of clear adherence to regulatory limitations indicates a possible gap in the builder's operational compliance and legal acumen.
In conclusion, the cases reflect a troubling pattern that buyers considering engaging with Shreema Developers should be aware of. The propensity for litigation regarding regulatory penalties and jurisdictional disputes raises concerns about the builder’s overall compliance and operational integrity. It is crucial for potential buyers to conduct thorough due diligence when considering investments with this builder, ensuring they assess not only the builder's project history but also their legal standing and operational adherence to regulatory norms.
No reviews for this builder yet. Be the first one to share your thoughts!