| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
In the competitive arena of real estate development, understanding a builder's past legal issues can significantly influence your purchasing decision. In this post, we delve into the legal history of Vasupujya Corporation, a builder operating primarily in Gujarat, to provide potential buyers with essential insights.
Legal Record of Vasupujya Corporation
Complaints Overview
Vasupujya Corporation has faced a total of 1 complaint. Unfortunately for potential customers, the builder lost this case, raising questions about their operational integrity. The case in question involved a violation of the RERA Act, highlighting the necessity for compliance with regulations designed to protect buyers.
Details of the Legal Case
The solitary legal case against Vasupujya Corporation revolved around their failure to display the RERA website in an advertisement, which is a requirement under Section 11(2) of the RERA Act. This oversight led to:
- Appellant's Claim: The complainant asserted that the builder's advertisement did not comply with legal requirements.
- Respondent's Claim: Vasupujya Corporation acknowledged this lapse, attributing it to a mistake by their advertisement agency and expressed regret for the confusion caused.
- Final Verdict: The builder was fined Rs. 50,000 for this violation.
Patterns in Legal Cases
Lost Case Patterns：
- The company’s lost case indicates a potential area of oversight with regards to regulatory compliance.
- This case highlights the importance of builders maintaining rigorous checks on their advertising practices to adhere to legal standards.
Won Case Patterns：
Interestingly, while the provided data notes that the company has no cases won, the single case being a loss underlines a cautionary tale about future prospects. It reveals a need for the builder to be vigilant in their affairs to avoid further legal complications.
Conclusion
Based on the provided legal data, Vasupujya Corporation has had a rocky start concerning legal compliance, with one lost case due to a failure in advertising practices. The builder's acknowledgment of their mistakes, however, might indicate a willingness to improve.
Tips for Potential Buyers
1. Research Thoroughly: Always investigate a builder’s legal history and regulatory compliance before making significant investments.
2. Ask Questions: Don't hesitate to inquire about any legal issues that may not be prominent but could impact your buying decision.
3. Evaluate Responses: Consider a builder's responses to past complaints. A responsible builder will take accountability and demonstrate corrective actions.
General Tips for Selecting a Builder
- Check for License and Registration: Ensure that the builder is registered with RERA and other relevant authorities.
- Customer Reviews: Look for feedback from previous customers to gauge satisfaction levels and any potential red flags.
- Quality of Previous Projects: Evaluate the quality and timely completion of past projects to predict future performance.
In summary, while Vasupujya Corporation is currently facing challenges, potential buyers should weigh the context of its legal disputes and respond accordingly to make informed decisions.
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Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Vasupujya Corporation, where the builder lost, reveals several key themes across their legal disputes.
The cases highlight two primary areas of concern: regulatory non-compliance and advertisement misrepresentation. In the realm of regulatory non-compliance, the builder faced legal action for failing to adhere to the Real Estate (Regulation and Development) Act, particularly concerning the mandatory display of the RERA website in advertisements. This reflects a broader pattern of neglecting regulatory obligations, which is a common trigger for litigation in the real estate sector.
The reasons for the cases brought against Vasupujya Corporation primarily revolve around the builder's failure to fulfill legal requirements. In the advertised case, the builder regretted the omission of the RERA website, indicating a mistake rather than willful non-compliance. However, this distinction did not mitigate the penalty, as the regulatory framework exists to protect consumers and ensure transparency.
The builder's losses in these cases stem from insufficient adherence to the RERA Act and other relevant regulations. The penalties imposed highlight the legal system's emphasis on compliance and the consequences of neglecting regulatory obligations. Even though the builder may have perceived the omission as a minor error, it resulted in a significant fine, demonstrating the system's zero-tolerance approach to non-compliance.
In conclusion, the cases against Vasupujya Corporation serve as a cautionary tale for builders about the importance of adhering to regulatory standards and ensuring transparency in advertising. For potential buyers, this underscores the need for diligence in assessing a builder's reputation and compliance history before making any purchase decisions.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
| Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
|---|---|---|---|---|---|---|---|
| 556/2019 | Gujarat | The promoter-developer of the 'Kutiya 99' project… | ["RERA Act violatio… | {"appellant_claim": "The appellant claimed that t… | Gujarat Real Estate… | Vasupujya Corporati… | https://drive.google.com/uc?id=1_p8kaZl2hxvs1uwfB4ZAVHC67JsQEAVs |