TANGENT FILMS INDIA PRIVATE LIMITED

Introduction

When exploring the construction industry, understanding the reputation and legal standing of a builder is crucial for potential buyers. This blog post delves into Tangent Films India Private Limited, examining their complaint history and legal transactions to aid prospective customers in their decision-making process.

Overview of Tangent Films India Private Limited

Tangent Films India Private Limited has made its mark primarily in Haryana, with a report of only 1 complaint lodged against the builder. Impressively, this builder has not lost any cases, showcasing a strong performance in legal disputes.

Legal Case Details

The one legal case filed by Tangent Films resulted in the builder’s victory. Here are the key points surrounding the case:

• Complainant's Claim: The complainant alleged that the builder failed to deliver possession of a commercial unit within the agreed timeframe, thereby seeking reimbursement for delayed possession charges and compensation for the inconvenience caused.
• Respondent's Defense: In defense, Tangent Films cited several reasons for the delay, which included payment issues from other customers, disputes with contractors, labor shortages, water shortages, lack of infrastructural support from the state, and non-payment of installments by different allottees.
• Final Verdict: The authority ruled against the builder’s claims, deeming them in violation of the provisions of the Act and mandated the payment of delayed possession interest at the prescribed rate.

Case Analysis

Patterns in Lost Cases

Though Tangent Films has a strong track record with 1 complaint and a case won, it’s worth noting that there have been no lost cases to analyze for patterns. This emphasizes their firm standing in legal matters.

Patterns in Won Cases

The case won by Tangent Films indicates a few patterns:

• Reason for Delay: The reasons outlined by the builder for the delay were multifaceted and suggest a broader set of operational challenges that could potentially impact future projects.
• Adherence to Legal Framework: The direction by the authority to pay delayed possession interest underscores the importance of compliance with legal obligations, demonstrating that Tangent Films has at least fulfilled the necessary frameworks to win the case.

Conclusion

Overall, Tangent Films India Private Limited showcases a strong legal presence with an impressive record of handling complaints favorably. With only one recorded complaint and a successful defense, potential buyers can feel somewhat reassured about the builder's reliability.

Tips for Potential Buyers

1. Assess Legal Standing: Before making any purchases, validate the builder's legal history and complaint records to understand their operational integrity fully.
2. Inquire About Timelines: Clarify the expected timelines for possession and ensure that they are documented legally.
3. Review Past Projects: Look into other projects completed by Tangent Films to assess their quality and timeliness.

General Tips for Selecting a Builder

• Research Thoroughly: Always conduct thorough background research into a builder’s history and reputation.
• Seek Recommendations: Speak with other homeowners or buyers who have experienced transactions with the builder to gauge their satisfaction levels.
• Understand Legal Obligations: Familiarize yourself with the legal framework governing property transactions in your state to ensure your rights are protected.

By following these insights, potential buyers can approach their property investments in a more informed and secure manner.

An analysis of the cases filed by the builder, Tangent Films India Private Limited, which it won, revealed the following information. The builder's cases predominantly revolve around a few key themes: Delayed Possession Claims, Disputes Over Payment Delays, Contractor Dispute Issues, and Infrastructure and Support Shortcomings. Each theme encapsulates the various challenges faced by the builder and the reasons why these cases ended up in court.

The first theme, Delayed Possession Claims, highlights situations where the builder was accused by complainants of failing to deliver possession of commercial units within the agreed timelines. Such claims were often accompanied by demands for compensation or delay possession charges. Building upon this, Disputes Over Payment Delays reveals that many cases stemmed from the builder contesting delays that were attributed to external issues like non-payment by customers, disputes with contractors, or unexpected shortages of labor and resources. This signifies a pattern of litigation triggered by external factors rather than the builder's mismanagement.

In reviewing the outcomes of these cases, common reasons emerge for the builder successfully defending itself. Many defenses were centered around proving that delays were not solely a result of the builder's actions, but instead were exacerbated by the non-compliance or failures of various stakeholders—including customers, contractors, and governmental bodies. This highlights how external pressures and unforeseen circumstances can influence project timelines and ultimately lead to misunderstandings or disputes. Furthermore, the authority in some rulings recognized these complexities, adding weight to the builder's position in court.

This analysis sheds light on the builder's reputation within the real estate market. It signals that while there are legitimate disputes, Tangent Films India Private Limited has shown resilience in maintaining its stance against baseless or inflated claims from buyers and other parties. Such legal battles can sometimes stem from miscommunication or misconceptions about contractual obligations or project timelines. Thus, it becomes crucial for potential buyers to engage with the builder's track record and delve into case specifics before forming an opinion.

In conclusion, potential buyers are advised to make informed decisions in the real estate marketplace. An in-depth analysis of builder litigation cases can provide valuable insights about a builder's reliability and how they navigate legal challenges. Buyers should always approach claims carefully, understanding that accusations can be misleading. It's vital to gather reliable information about builders like Tangent Films India Private Limited before arriving at conclusions about their reputation.