CIN | U70102MH2010PTC198509 |
---|---|
Year Established | Not Available |
Address | 5th Floor, Sunteck Centre Vile Parle ( East), Mumbai Mumbai MH 400057 IN |
Company Status | Private |
Overall Case Outcomes
Understanding Skystar Buildcon Private Limited: A Deep Dive into Their Legal Landscape
When it comes to choosing a builder for your dream home or investment property, scrutinizing their track record is crucial. Today, we take a closer look at Skystar Buildcon Private Limited, a builder based in Maharashtra, and analyze their legal proceedings to help prospective buyers make informed decisions.
Company Overview
Skystar Buildcon Private Limited is a builder operating exclusively in Maharashtra, but their legal journey has been marred by controversy. With a total of 2 documented complaints filed against them, the implications of these cases reveal critical insights about their business practices.
Legal Case Details
Despite having two cases filed, Skystar Buildcon has not won any. Both cases resulted in outcomes unfavorable to the builder, highlighting potential systemic issues within their operations. The cases had similar verdicts:
- Final Verdict 1: Applicants were directed to serve a copy of …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Skystar Buildcon Private Limited, which it lost, reveals concerning patterns and themes across its legal disputes. The cases highlight two primary areas of contention: the builder's failure to pay interest to allottees and its non-compliance with legal requirements.
The first theme, failure to pay interest to allottees, emerges in multiple cases where the builder was held accountable for not providing timely interest payments to individuals who had invested in or were allocated property. This reflects a troubling trend where the builder may have prioritized its operations over the financial obligations owed to its clients, leading to legal consequences.
The second theme, non-compliance with legal requirements, is also prevalent in the cases summarized. The builder faced warrants for recovery after failing to adhere to the interim directions from the legal authorities, which raises questions about its operational adherence to regulations and laws governing real estate …
Individual case details available for subscribers.
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