| CIN | U45201DL2005PTC142779 |
|---|---|
| Year Established | Not Available |
| Address | D-16/C, BHAGWATI HOUSE, HAUZ KHAS, NEW DELHI New Delhi DL 110049 IN |
| Company Status | Private |
Overall Case Outcomes
Introduction
Vigneshwara Developers Private Limited has emerged as a notable entity in the real estate market, especially in Haryana. For potential buyers, understanding the builder's background, especially regarding legal matters, can significantly impact purchasing decisions. This article dives into the performance of Vigneshwara Developers through the lens of complaints and legal cases.
Overview of Legal Issues
Vigneshwara Developers Private Limited has faced two complaints, both of which resulted in the builder losing the cases. The common thread in these cases revolves around delays in handing over possession of allotted units. The complainants, in both instances, sought delay interest as stipulated under the relevant Act, highlighting a significant area of concern regarding the builder’s adherence to timelines.
Case Analysis
- Complaints Faced: The cases highlight repeated grievances regarding the failure to deliver allotted units on time. Complainants expressed dissatisfaction because they were not provided with timely possession of their properties, which …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Vigneshwara Developers Private Limited, where the builder lost, revealed significant insights into their legal disputes. The cases primarily revolve around two common themes: Delayed Possession Claims and Penalties for Project Delays.
The majority of the claims made by the complainants fall under the category of Delayed Possession Claims. In each case, the complainants asserted that the builder failed to hand over the possession of their allotted units within the agreed-upon timeframe. Instead of addressing these grievances, the builder consistently failed to file a reply to the complaints, despite being represented by an advocate and served with notices. This led to the Authority imposing penalties in the form of delay interest as per section 18 of the Act, which mandates interest payment for every month of delay on the amounts paid by the complainants.
A pattern emerges from these summaries: the builder's recurrent loss in …
Individual case details available for subscribers.
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