| CIN | U45309OR2019PTC031485 |
|---|---|
| Year Established | Not Available |
| Address | MIG-II 21/2, GROUND FLOOR CHANDRASEKHARPUR BHUBANESWAR Khordha OR 751016 IN |
| Company Status | Private |
Overall Case Outcomes
Introduction
In the ever-evolving real estate landscape, choosing a builder is a crucial decision that can significantly impact your investment and living experience. One such builder in the market is SHYAMCHAND BUILDERS PRIVATE LIMITED, currently operating in Odisha. This post analyzes the legal history and performance of this builder based on available data and provides insights for potential homebuyers.
Builder Overview
SHYAMCHAND BUILDERS PRIVATE LIMITED is positioned in the Odisha real estate market. While its presence in the region holds potential, the legal history warrants a closer look.Legal Case Analysis
Complaints Overview
SHYAMCHAND BUILDERS has faced a total of 1 reported complaint, from which the cases can be categorized as follows:- Cases Won: 0
- Cases Lost: 1
Case Details
The single legal battle involving SHYAMCHAND BUILDERS revolves around a specific complaint regarding their inability to present necessary documentation. The respondent claimed that the absence of a signature from their …Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Shyamchand Builders Private Limited, which it lost, reveals several key themes across the disputes. The cases can be broadly categorized into regulatory compliance disputes and delay-related penalties, highlighting systemic issues within the builder's operations.
The first type of dispute revolves around regulatory compliance, particularly concerning financial reporting and project management. In one notable case, the builder faced a penalty for failing to submit the required Quarterly Progress Report (QPR) due to a technicality—their Chartered Accountant did not sign the Proforma-II. This case underscores a pattern where builders may face legal repercussions not due to willful non-compliance, but rather because of procedural misunderstandings or oversights.
Delay-related penalties constitute another significant theme in these cases. Although the specifics of project delays were not detailed in the summary, the imposition of penalties suggests that Shyamchand Builders may have struggled to meet deadlines, which is a common issue …
Individual case details available for subscribers.
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