CIN | Not Available |
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Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
Shri Prabhakar Construction Company, operating primarily in Madhya Pradesh, has garnered attention in the residential construction arena. With only one recorded complaint against them and a clean track record of winning cases, it is essential to dive deeper into the company’s legal encounters to assess their reliability and performance as a builder.
Despite the presence of only one complaint, the nature of this case provides valuable insights into the company's operational ethos. The complaint alleged that Shri Prabhakar Construction Company did not complete a house and failed to deliver possession even after receiving full payment.
In the singular case filed against the builder, they did not lose in the traditional sense. Instead, the case was rejected by the relevant authority on the grounds that the dispute had already been settled in the Consumer Forum. This outcome suggests that while the company may have been involved in a dispute, the resolution may not have been unfavorably judged against them in a legal sense.
This singular case where the builder did lose—albeit indirectly—exhibits a pattern in such complaints often surrounding non-completion of projects and issues related to possession delays. The frequent elements leading to dissatisfaction among buyers include:
Though the builder does not have a record of losing any cases outright, the fact that there were no cases won in a conventional sense highlights a potentially favorable position for the builder. Winning might not solely revolve around court judgments but can include maintaining a settlement status, thereby preventing further legal disputes:
Overall, Shri Prabhakar Construction Company presents a decent option for prospective homebuyers, especially with their limited complaints and a favorable resolution record. However, it remains crucial for buyers to remain vigilant and informed about the processes and timelines involved in their property transactions.
With these considerations in mind, homebuyers can make informed decisions when selecting a builder, ultimately leading to a smoother home buying experience.
Yearly Trend for these Cases
An analysis of the cases filed against the builder, Shri Prabhakar Construction Company, which the builder won, revealed the following information.
The primary disputes in these cases can be grouped under two common themes: 'Delayed Possession Claims' and 'Jurisdiction and Settled Matters'.
'Delayed Possession Claims' often involve buyers alleging incomplete construction and failure to provide ownership of the property, even after full payment was made.
In this scenario, the builder effectively demonstrated that the issues had already been resolved in a prior Consumer Forum settlement, thereby negating the validity of further claims on similar grounds.
On the other hand, 'Jurisdiction and Settled Matters' highlight instances where disputes were rejected based on previous resolutions, showcasing how critical it is for potential claimants to understand the legal context and prior negotiations.
The recurring reasons for these cases being brought to court primarily stem from claims of contractors not fulfilling obligations such as timely delivery and possession of property.
Buyers, anticipating penalties, express their dissatisfaction, which can often escalate into formal complaints if they feel that the construction has been inadequately managed.
However, it's crucial to note that many of these disputes may arise from misunderstandings or miscommunication regarding processes and expectations in the construction timeline.
The common reasons the builder won these cases often revolved around the lack of substantial evidence presented by the opposing party.
In many situations, the builder was able to assert its defense based on established jurisprudence, regulatory compliance, or previous settlements that rendered the claims invalid.
This not only highlights the builder's robustness in record-keeping and legal compliance, but also points to the potential for buyers to sometimes make exaggerated or unfounded accusations.
Through this analysis, it becomes apparent that Shri Prabhakar Construction Company possesses a strong reputation in defending itself against unjust claims.
In the broader real estate market, it is a reminder of the necessity for buyers to approach disputes with caution and to seek out reliable, factual information.
Potential buyers should take note that while there indeed are legitimate grievances in real estate, the results of these cases indicate that builders like Shri Prabhakar Construction Company can often stand their ground against wrongful accusations.
Informed decision-making is essential; hence, prospective buyers should thoroughly investigate and verify claims before forming judgements about a builder's reputation.
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