| CIN | U70109MH2006PLC309325 |
|---|---|
| Year Established | Not Available |
| Address | One International Center, Tower – 1, 4th Floor, S. B. Marg, Elphin stone (W) , Mumbai, Maharashtra, India - 400013 |
| Company Status | Public |
Overall Case Outcomes
Understanding Vindhyachal Land Development Limited: A Deep Dive into Legal Challenges and Buyer Considerations
Introduction
When it comes to selecting a builder for your dream home, potential buyers must conduct thorough research to make informed decisions. This blog post examines Vindhyachal Land Development Limited, focusing on its legal standings and overall performance based on the available data. Understanding the builder's history with complaints and legal battles can provide critical insights for prospective buyers.
Company Overview
Name: Vindhyachal Land Development Limited
State of Operation: Haryana
Number of Complaints: 2
Cases Won: 0
Cases Lost: 2
Despite its operations, the builder has not yet won any legal disputes, raising some red flags for potential homebuyers.
Legal Case Details
Vindhyachal Land Development Limited has faced two legal cases brought by complainants, primarily requesting refunds for delayed possession of their flats. The common legal thread in these cases involves:
- Claim from Complainants: A request …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Vindhyachal Land Development Limited, where the builder lost, reveals several key insights into its legal disputes. The cases can be broadly categorized into two themes: Delayed Possession Claims and Penalties for Project Delays.
The majority of the claims made by the complainants revolve around delays in the possession of flats. In each case, the complainants sought a refund of the entire amount paid along with interest due to the delays. The builder, on the other hand, attributed these delays to various external factors such as adverse market conditions, directions from courts, and a shortage of raw materials. However, despite their defenses, the authority ruled against the builder, directing them to pay interest on the delay period and adjust outstanding dues. This pattern indicates a significant concern regarding the builder's ability to meet project timelines and fulfill contractual obligations.
A common trigger for litigation …
Individual case details available for subscribers.
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