| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the world of real estate, choosing the right builder is a crucial step in ensuring that your investment is secure and your dream home becomes a reality. Today, we analyze SIDDHARTH DEVELOPERS, a builder with activity primarily in Gujarat. With a handful of legal cases reported, we dive into their performance and the implications for potential homebuyers.
Overview of SIDDHARTH DEVELOPERS
SIDDHARTH DEVELOPERS is primarily active in the state of Gujarat. Despite having only a few complaints registered against them, the outcomes of these cases merit attention from prospective buyers.
Legal Case Analysis
Cases Lost
- Case Summary: The appellant claimed that SIDDHARTH DEVELOPERS failed to submit the annual audit report (Form-5) for the financial year 2018-19. While the builder argued that the non-submission was due to a technical fault, the authority ultimately exempted them from penal action but mandated the submission of the report.
- Pattern/Observation: This case highlights …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Siddharth Developers, where the builder lost, reveals several key themes across the disputes. The cases can be broadly categorized into regulatory compliance issues, project completion delays, and financial penalties imposed on the builder.
The primary trigger for these legal actions appears to be the builder's failure to adhere to the necessary regulations and timelines, particularly concerning project completion reporting. Many of the cases highlight the importance of transparency and compliance in real estate projects, wherein builders are required to file timely reports to inform stakeholders of their progress.
Common reasons for the litigation include contesting the penalties themselves, with the builder likely arguing that the amounts were excessive or unfair, and disputes over project delays attributed to various factors beyond the builder's control. However, the underlying pattern among these cases suggests that the builder faced challenges related to adherence to procedures and …
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, SIDDHARTH DEVELOPERS, which the builder won, revealed the following information. The disputes primarily fell under three common themes: Non-compliance with Regulatory Requirements, Technical Fault in Reporting, and Claims of False Allegations. The builder faced several allegations, including failure to submit essential audit reports and disputes over compliance with municipal orders. These cases highlight the challenges builders often encounter from buyers or regulatory authorities, often stemming from misunderstandings or technical issues rather than genuine negligence on the builder's part.
The primary reasons these cases were brought to court typically revolved around contesting penalties and claims of project delays. In the case of SIDDHARTH DEVELOPERS, particularly, the opposing party claimed that the builder failed to submit the annual audit report for the financial year 2018-19, indicating a regulatory compliance issue. However, the builder successfully defended these claims by …
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