CIN | Not Available |
---|---|
Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
In the competitive real estate sector, buyers often seek reliable developers who uphold their commitments and deliver quality projects. One such entity in the market is Shri Maruti Developers, a builder operating in the state of Gujarat. While they have embarked on various projects, potential buyers should be aware of their legal standing and complaint history before making any decisions.
Shri Maruti Developers has received 1 complaint throughout its operational tenure. When analyzing the legal history associated with this builder, it is crucial to delve into the individual case to understand the circumstances that led to the complaint.
In examining the sole case filed against Shri Maruti Developers, it becomes evident that:
In the case that Shri Maruti Developers lost, the common factor appears to be a failure in communication and compliance regarding reporting duties to the authority. This oversight led to a penalty, suggesting a lapse in organizational processes that govern timely submissions of necessary documents.
It is worth noting that the builder has not won any cases. This lack of successful defenses might indicate a recurring theme of deficiencies in operational management or legal preparedness when challenged.
Based on the existing data, Shri Maruti Developers presents a mixed profile. With one recorded complaint and no successful defenses in court, potential buyers should approach with caution. It is essential to assess the credibility of the builder, especially when they face legal repercussions. Here are a few tips for prospective buyers considering a purchase from Shri Maruti Developers:
By taking these precautions, buyers can make informed decisions and mitigate risks associated with purchasing from developers like Shri Maruti Developers.
Yearly Trend for these Cases
Analysis of the cases filed against Shri Maruti Developers, where the builder lost, reveals several key themes across their legal disputes.
The cases against the builder primarily cluster around two main topics: non-compliance with regulatory requirements and penalties for reporting delays. In the realm of regulatory non-compliance, the builder faced scrutiny over their adherence to submission timelines for mandatory quarterly reports. The authority found that the builder had failed to submit these reports as required, which led to a direct imposition of penalties. This highlights a pattern where cases were often brought to court due to the builder's negligence in fulfilling regulatory obligations, which raises concerns about their operational adherence to industry norms.
People commonly contested the builder's actions, or lack thereof, by disputing the non-compliance claims made by the regulatory bodies. In the case summarized, the builder defended themselves by claiming they had indeed submitted the quarterly reports; however, the evidence did not support this contention, leading to a loss in court. This shows another emerging pattern: the builder’s tendency to misrepresent their compliance, which further aggravated their legal situation.
The common reasons for the builder’s losses in these cases center around insufficient evidence to support their claims of compliance and adherence to regulations. Without the requisite documentation proving timely submission of reports, the builder was unable to meet the regulatory requirements, resulting in fines and legal defeat. This underscores the importance of proper record-keeping and transparency in the real estate development sector.
Overall, the analysis indicates that potential buyers should exercise caution when considering developments by Shri Maruti Developers, as their track record with regulatory compliance and reporting raises significant concerns about the reliability and accountability of their operations.
No reviews for this builder yet. Be the first one to share your thoughts!