| CIN | U70101DL2010PTC210346 |
|---|---|
| Year Established | Not Available |
| Address | 3E/6, BASEMENT JHANDEWALAN EXTENSION , NEW DELHI, Delhi, India - 110055 |
| Company Status | Private |
Overall Case Outcomes
Introduction
In the competitive landscape of real estate, a builder's track record is crucial for buyer confidence. Today, we delve into V Square Development Company Private Limited, which operates primarily in the state of Haryana. This analysis covers the company's complaint history, legal cases outcomes, and offers guidance for potential buyers considering investing with them.
Company Overview
V Square Development Company Private Limited has received a total of 1 complaint, and is noted for having won 0 cases against them while losing 1 case. Such statistics may raise concerns for potential clients about the builder's reliability and commitment to customer satisfaction.
Legal Case Analysis
Case Details
The sole legal case against V Square Development Company presents an interesting scenario:
- Appellant Claim: The appellant claimed that the builder cancelled their unit during the appeal process and sought restoration of the shop.
- Respondent Claim: The builder asserted that the cancellation …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against V Square Development Company Private Limited, where the builder lost, revealed several key themes across the disputes. The cases primarily revolved around cancellations of units, payment disputes, and the subsequent attempts by buyers to restore their properties.
The unit cancellation cases often stemmed from the builder's decision to cancel units due to alleged non-payment of outstanding amounts by the buyers. However, the legal outcome typically favored the appellants, with authorities directing the builder to refund the amounts paid along with interest and advising against creating third-party rights. This highlights a pattern where the builder's reasons for cancellation may not have aligned with legal requirements or accepted practices, leading to a series of legal failures.
Payment disputes were a common trigger for the builder's litigation. Buyers would often contest the builder’s claims of non-payment or insufficient payment, and the ongoing legal battles would reflect a …
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