| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
Universal Carburising Works Private Limited has made a mark within the real estate industry in Karnataka. However, as with many builders, the journey has not been without its hurdles. This blog post delves into the builder's legal history, specifically focusing on the complaints lodged against them, successful and unsuccessful claims, and what potential buyers should keep in mind when considering investments from this developer.
Overview of Legal Cases
Currently, Universal Carburising Works Private Limited has faced a total of two formal complaints. The notable aspect of these complaints is that the builder did not win any of the cases, indicating a concerning trend for prospective buyers.
Summary of Cases
Both cases filed against the builder involve similar circumstances:
- Appellant Claims: The complainants claimed to have booked a flat with a total sale consideration of Rs. 1,42,30,485 and entered into a sales agreement on 04/11/2017. They asserted …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Universal Carburising Works Private Limited, where the builder lost, revealed several key themes and patterns. The cases primarily revolved around delayed possession claims and the builder's failure to refund the advance paid by buyers with interest.
The most notable theme was the delayed possession claims, where buyers contended that they had booked flats in the builder's project for a substantial consideration of Rs. 1,42,30,485 and yet none had been completed or handed over. The builder consistently attributed these delays to the COVID-19 pandemic and claimed to have granted an extension for the project; however, this defense did not stand in court.
Common reasons for bringing these cases to court included not only the frustration with the delay in possession of the property but also the builder's failure to return the money paid, which is mandated by law to include interest and compensation for the …
Individual case details available for subscribers.
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