| CIN | U45201KL2006PTC020058 |
|---|---|
| Year Established | Not Available |
| Address | 2ND FLOOR,G-164 PANAMPILLY NAGAR , KOCHI, Kerala, India - 682036 |
| Company Status | Private |
Overall Case Outcomes
Overview of Tiknar Homes Private Limited
Tiknar Homes Private Limited is a builder based in the beautiful state of Kerala, known for its picturesque landscapes and vibrant culture. While the company has undertaken projects in this region, it faces significant scrutiny based on its legal history. This blog will delve into the complaints against Tiknar Homes, the outcomes of legal cases, and essential insights for potential buyers.
Legal Background: Complaints and Case Outcomes
Tiknar Homes Private Limited has been involved in two legal complaints, both of which the company lost. Below is a summary of the cases that were filed:
- Case 1: The complainants claimed that Tiknar Homes failed to complete the residential apartment within the stipulated time and sought a refund of the amount paid. Tiknar Homes contended that the delay was due to unforeseen circumstances, requesting additional time to complete the project.
- Final Verdict: The authority …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Tiknar Homes Private Limited, where the builder lost, reveals significant insights into the common disputes faced by the builder. The cases highlight two recurring themes: Delayed Possession Claims and Refund Disputes Due to Unforeseen Circumstances.
The Delayed Possession Claims theme encompasses the majority of the cases, wherein the complainants alleged that the builder failed to complete their residential apartments within the agreed-upon timeframe. This theme is characterized by the common claim among buyers seeking refunds due to the builder’s inability to deliver properties as promised. The builder consistently attributed these delays to unforeseen circumstances; however, the authority did not accept this defense and ultimately directed the builder to refund the amounts paid, including interest.
The reasons prompting buyers to take legal action against Tiknar Homes primarily revolved around their inability to obtain timely possession of their properties and the builder's failure to meet …
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