| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In any real estate market, the credibility of a builder is paramount for potential homebuyers. One such builder in Gujarat is Vakratund Associates. This blog will delve into the available data on Vakratund Associates, analyze their legal standing, and provide valuable insight for potential buyers.
Legal Summary
Vakratund Associates has faced legal scrutiny, reflected in the data that indicates they have faced one complaint. This resulted in one reported case which the builder lost, leading to a fine imposed by relevant authorities. While some builders may have successful outcomes in litigation, in this instance, their track record raises a caution flag for prospective clients.
Breakdown of Legal Cases
- Cases Filed Against the Builder: 1
- Claim Made by the Builder: The promoter-developer claimed they had not breached any provisions of the Act.
- Final Verdict: The authority imposed a fine of Rs. 1,25,000 on the promoter-developer.
Based on the limited data …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Vakratund Associates, where the builder lost, reveals several key themes across their legal disputes.
The cases can be broadly categorized into three types: regulatory non-compliance, project delay disputes, and penalties imposed by the authority. In the realm of regulatory non-compliance, the builder was often accused of breaching provisions of the Act, which governs the responsibilities and obligations of promoter-developers.
Project delay disputes typically revolved around the builder's failure to complete projects on time, leading to dissatisfaction among buyers and prompting legal action. The imposed penalties indicate a pattern where the builder likely contested the fines or the implications of delays attributed to their actions.
A common trigger for litigation in these cases appears to be the builder's defense, which often contested the claims made by the other party. The promoter-developer's assertion that they had not breached any provisions of the Act …
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