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SKV INFOTECH PRIVATE LIMITED

  • No of Complaints: 1
  • States (Active in): Uttar Pradesh
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Year Established Not Available
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Introduction

SKV INFOTECH PRIVATE LIMITED is a prominent builder primarily operating in Uttar Pradesh. This blog post aims to delve into the legal standing of the company by examining its track record in disputes and providing insights for potential buyers.

Legal Track Record

SKV INFOTECH PRIVATE LIMITED has had a minimal number of legal complaints against it with only one complaint registered. Here's a deeper look into the legal case details:

Cases Filed and Outcomes

  • Total Complaints: 1
  • Cases Won: 1
  • Cases Lost: 0
Case Summary

The single case filed by SKV INFOTECH involved the appellant's claim for remittance of a deposited amount to the Regulatory Authority to assist in recovery proceedings. The Tribunal ruled in favor of the appellant by directing the transfer of the amount to the Regulatory Authority. This outcome highlights that the builder was not directly at fault in this particular case, suggesting a favorable interpretation of its practices in this dispute.

Analysis of Legal Patterns

Cases Won

  • Common Factors: The company has successfully navigated its legal challenges, specifically winning the one recorded case. The ruling demonstrates a reliance on regulatory mechanisms, indicating that the builder has adhered to necessary legal protocols and that the claim was about proper financial transaction processes rather than any fault in construction or service delivery.
  • Implications: The fact that SKV INFOTECH has won the sole case it faced indicates a potential strength in navigating disputes effectively. This can be seen as a positive sign for potential clients regarding the builder's compliance with industry regulations.

Cases Lost

  • Common Factors:
  • Patterns: There are no lost cases to analyze. This absence indicates a strong performance in legal responsibilities and interactions with customers and regulatory bodies.

Conclusion

In summary, SKV INFOTECH PRIVATE LIMITED holds a commendable legal profile with one complaint filed and won. Buyers may find reassurance in the builder's ability to successfully address challenges, particularly concerning regulatory responsibilities.

Tips for Potential Buyers Considering SKV INFOTECH

  1. Research Thoroughly: Investigate the projects completed by SKV INFOTECH and customer testimonials to gauge overall satisfaction.
  2. Visit Ongoing Projects: If possible, visiting the sites of ongoing construction can provide insights into the builder’s quality of work and project management.
  3. Understand the Regulatory Framework: Familiarize yourself with the legal processes affecting home purchases in Uttar Pradesh, ensuring that you are well-informed before entering any agreements.

General Tips for Buyers When Selecting Any Builder

  1. Check Credentials: Ensure the builder has the necessary licenses and is registered with local authorities.
  2. Review Past Projects: Look at the builder's portfolio to assess quality and timelines.
  3. Seek Legal Counsel: Consult with a real estate lawyer to review agreements and to understand your rights as a consumer.
  4. Discuss Payment Options: Understand the payment structure clearly before committing to avoid financial disputes later.
  5. Be Wary of Red Flags: Take note of any repeated complaints or poor reviews, as they may indicate potential issues.

By considering these insights and tips, potential buyers can make informed decisions when engaging with SKV INFOTECH PRIVATE LIMITED or any other builder.

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Disputes over Regulatory Compliance Claims for Amount Adjustment Contesting Recovery Proceedings

An analysis of the cases filed by the builder, SKV INFOTECH PRIVATE LIMITED, which it won, revealed the following information.

The key themes in these disputes typically involved matters of regulatory compliance, specifically regarding the handling of deposited amounts and the execution of recovery proceedings.

For instance, the builder engaged in litigation to secure remittance of sums to the Regulatory Authority for necessary adjustments during recovery efforts, demonstrating their proactive stance in managing financial obligations and compliance.

The builder commonly initiated these cases to contest recovery proceedings, showing a clear effort to mitigate penalties and financial disputes that might arise from misinterpretations or disputes regarding due amounts.

A significant pattern that emerged is the builder's efforts to clarify and enforce adjustments to sums collected, which were often tied to ongoing regulatory frameworks and compliance expectations. These cases seem to stem from issues around financial adjustments rather than tangible construction delays or quality disputes, which are prevalent in other real estate litigations.

The builder successfully won these cases mainly due to the opposing parties' insufficient evidence to counter the builder's claims. In the one case analyzed, the Tribunal acknowledged the procedural correctness of the builder's request to transmit funds, highlighting their adherence to legal and regulatory channels. This pattern suggests that the builder was often dealing with misunderstandings or misrepresentations that affected their dealings, particularly concerning financial matters.

What does this tell us about SKV INFOTECH PRIVATE LIMITED's reputation in the market? It indicates a builder that is not just compliant with regulations but is also assertive in protecting its interests from possibly unwarranted claims. This resonates with broader industry trends where builders can face exaggerated or unfounded accusations, necessitating a strong defensive approach in legal contexts.

To potential buyers, this serves as a crucial reminder of the importance of informed decision-making in real estate transactions. While many legitimate concerns exist within the market, understanding the fine details of builder-buyer disputes is essential. As demonstrated in the cases involving SKV INFOTECH PRIVATE LIMITED, builders can often defend themselves against unjust claims. Therefore, buyers should seek to gather accurate information and consider the broader context before making judgments about a builder's conduct or reputation.

This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.

Case Number State Summary Case Topic Detailed Summary Appellant Name Respondent Name Source
TA-2495/2023 Uttar Pradesh The appellant sought remittance of deposited amou… ["Remittance of dep… {"appellant_claim": "The appellant sought remitta… SKV INFOTECH PRIVAT… ASHOK KUMAR ['https://efilingreat.up.gov.in/upreat/order_view.php?path=L3VwcmVhdF9kb2N1bWVudHMvb3JkZXJzX2RvYy8zNTU1OTgyNDk1LTIwMjMucGRm']

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