CIN | U74899DL1995PLC074422 |
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Year Established | Not Available |
Address | 1114 HAMKUND CHAMBERS ,11 FLOOR 89, NEHRU PLACE , NEW DELHI, Delhi, India - 110019 |
Company Status | Public |
Overall Case Outcomes
In the dynamic world of real estate, choosing the right builder is paramount for prospective homeowners. Today, we delve into the operational history of SUPERTech LIMITED to understand its status through its legal battles and customer complaints. Operating primarily in Karnataka, this builder has seen a mix of victories and defeats in legal matters, with 8 complaints filed against them, resulting in 1 case won and 7 cases lost. Let’s analyze the details further.
Key Takeaway: The builder appears to have a history of navigating out of claims through withdrawal by plaintiffs or by complying with directives to complete projects under specified conditions.
Common Factors in Lost Cases:
Tips for Potential Buyers:
In summary, while SUPERTech LIMITED has had successes in the legal domain, the pattern of complaints about delays serves as a cautionary tale for potential buyers. A careful and informed approach can help mitigate risks when entering into agreements with builders.
Yearly Trend for these Cases
Analysis of the cases filed against Supertech Limited, where the builder lost, reveals significant insights into the common disputes faced by the builder. The cases can be broadly categorized into three themes: Delayed Possession Claims, Compensation and Refund Disputes, and Failure to Complete Projects.
The majority of the cases revolve around Delayed Possession Claims, where buyers contested the builder's inability to hand over possession of their flats within the agreed timeframe. In these cases, the builder often cited unforeseen circumstances as a defense, but the verdicts consistently favored the plaintiffs, indicating a lack of convincing evidence to support the builder's claims. For instance, in one case, the authority granted an order for delay compensation at the rate of 10.75% and mandated possession by a specific date, highlighting the legal expectation for timely delivery.
Compensation and Refund Disputes emerged as another frequent theme. Buyers sought refunds due to the builder's failure to complete projects or deliver possession as per the agreement. The builder's lack of participation in some cases (where they did not file counterclaims or statements of objections) resulted in default victories for the plaintiffs. This points to a troubling trend where the builder may not have taken legal obligations seriously or may have been inadequately prepared to defend their actions.
The Failure to Complete Projects theme also stands out, with multiple cases illustrating buyers' frustration over significant delays (often more than four years) in the delivery of flats. In these instances, the builder's failure to provide supporting documentation or defenses led to substantial payments being awarded to the complainants, demonstrating a breach in contractual and regulatory requirements.
A pattern evident across the cases is the builder's consistent failure to meet project timelines and fulfill contractual agreements. Buyers commonly brought cases to contest delays, seek compensation, and obtain refunds based on the builder's inability to perform. The builder's losses in these cases primarily stem from insufficient evidence, failure to comply with legal standards, and neglect of their obligations.
In conclusion, the analysis shows that Supertech Limited has faced considerable challenges in meeting the expectations of its buyers. The outcomes of these cases serve as a warning to potential buyers, indicating a need for thorough due diligence before entering agreements with this builder.
Yearly Trend for these Cases
An analysis of the cases filed against the builder, SUPTECH LIMITED, which the builder won, revealed the following information. The cases primarily fell under some common themes, including non-compliance with regulatory frameworks, absence of crucial evidence, disputes over buyer claims, and failures to prosecute cases effectively by opposing parties.
The first theme, 'Non-compliance with Regulatory Framework', suggests disputes potentially related to permits, approvals, or municipal guidelines. In instances where regulatory obligations were alleged to have been violated, the builder successfully countered such claims, establishing compliance with the necessary laws.
Secondly, the 'Absence of Crucial Evidence' highlights that the majority of cases against the builder were dismissed due to insufficient substantiation from complainants. This pattern indicates a tendency for opposing parties to bring claims without robust evidence, resulting in the dismissal of cases. For example, in the analyzed case, the complaint was dismissed for non-prosecution as both parties were absent for the third consecutive hearing, illustrating a lack of commitment by the complainants.
The third theme revolves around 'Disputes Over Buyer Claims'. Many cases seem to arise from disagreements regarding project timelines, possession dates, or the interpretation of contractual obligations. However, due to the builder's effective legal representations, claims were rebutted convincingly, showcasing its ability to address buyer concerns adequately.
Finally, the theme of 'Failure to Prosecute Cases' emerged, where a common trend was the opposing party’s non-appearance or inadequacy in following court processes. This trend aligns with the frequent occurrence of complaints being dismissed due to the lack of diligence on the part of the complainers, rather than substantive issues pertaining to the builder’s conduct.
The analysis tells us that while there are genuine disputes within the real estate sector, builders like SUPTECH LIMITED often possess the means and expertise to defend against unfounded claims. This suggests a robust reputation in terms of legal compliance and project delivery, albeit emphasizing the need for buyers to ensure their claims are valid and adequately supported.
In conclusion, potential buyers are advised to make informed decisions. While legitimate issues can arise in property transactions, the track record of SUPTECH LIMITED illustrates the company's resilience against unjust accusations. Therefore, it is crucial for buyers to evaluate claims thoughtfully and seek out reliable sources before forming their perceptions regarding a builder's reputation.
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