| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
The real estate sector can be a maze of hopes and uncertainties, and choosing the right builder is crucial for both investment and peace of mind. Here, we delve into Utpal Species LLP, a builder based in Gujarat, highlighting their legal challenges as a case study for potential buyers.
Overview of Utpal Species LLP
Utpal Species LLP is primarily active in Gujarat. However, their reputation faces scrutiny due to a legal case resulting in a loss. With a record of one complaint filed against them and no victories in legal disputes, understanding the implications of these facts is essential for prospective buyers.
Legal Case Details
Utpal Species LLP's sole legal encounter pertains to the booking and selling of residential units. The developer contended that their actions were not in violation of the Real Estate (Regulation and Development) Act (RERA), claiming ignorance of the law at the time. They stated …
Cases Lost by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
The analysis of the cases filed by the builder Utpal Species LLP, which it lost, reveals significant insights into its operational challenges and interactions with regulatory frameworks.
Upon grouping the cases, we notice that the disputes predominantly revolve around regulatory non-compliance, specifically the failure to adhere to the provisions outlined in the Real Estate (Regulation and Development) Act (RERA). A significant theme that emerges is the builder's involvement in disputes over project registration, where allegations were made that inventory was booked and sold prior to obtaining the necessary approvals. Additionally, the authority's enforcement actions often led to penalties against the builder for these violations.
A common thread among the builder's legal actions is the attempt to contest penalties imposed for what it perceives as misunderstandings or misapplications of the law. The builder often claimed ignorance of regulatory requirements or asserted that certain bookings took place before the enactment …
Individual case details available for subscribers.
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