| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
The decision to purchase property is often one of the most significant financial commitments individuals make. As such, understanding the track record of a builder is crucial. This blog delves into the performance of the Tricity Media Cooperative House Building Society, analyzing available complaints and legal cases involving the builder, particularly in Punjab, where it operates.
Overview of Tricity Media Cooperative House Building Society
The Tricity Media Cooperative House Building Society is a builder operating primarily in Punjab. Despite the cooperative nature of its structure, it has encountered legal challenges, as indicated by the two complaints filed against it.
Legal Case Details
The builder has faced two distinct legal cases, both resulting in unfavorable outcomes. Here, we outline the details of each case:
- Case One:
- Appellant Claim: The complainant sought a refund of Rs. 27,50,000 with additional interest and compensation for non-delivery of possession of a plot.
- Builder's Defense: …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Tricity Media Cooperative House Building Society, which it lost, reveals several key themes across the complaints raised by the plaintiffs. The primary disputes can be categorized into delayed possession claims, refund and compensation disputes, and delays attributed to non-payment of dues and regulatory approvals.
The cases often revolved around the builder's failure to deliver possession of plots within the agreed timeframe, leading complainants to seek substantial refunds along with interest and compensation for the distress caused. For instance, in one case, a complainant sought the refund of Rs. 27,50,000 with interest, asserting that the society had failed to deliver a plot as promised. Similarly, in another case, the complainant sought refund, interest, and compensation due to the builder’s inability to adhere to the agreement.
Common reasons for bringing these cases to court included contesting the builder's attributions of blame for project delays. The builder …
Individual case details available for subscribers.
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