| CIN | U70101OR2010PTC012839 |
|---|---|
| Year Established | Not Available |
| Address | GANDHINAGAR BERHAMPUR OR 760001 IN |
| Company Status | Private |
Overall Case Outcomes
Introduction
When it comes to selecting a builder for your dream home, understanding their track record is vital. VISIONTECH HOMES PRIVATE LIMITED, operating primarily in Odisha, has garnered attention due to its legal controversies. In this blog, we'll delve into their complaint history, the outcomes of legal cases, and what potential buyers should consider before making a decision.
Company Overview
VISIONTECH HOMES PRIVATE LIMITED has faced a total of 2 formal complaints, leading to a disconcerting outcome: the company has lost all these cases, with no victories to its name. This paints a challenging picture for the builder's reputation in the real estate market.
Legal Case Details
The legal environment surrounding VISIONTECH HOMES involves claims regarding the submission of Quarterly Progress Reports (QPRs).
- Case Summary:
1. In the first case, VISIONTECH was claimed to have not submitted the required QPR for a specific quarter, which resulted in a penalty and …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Visiontech Homes Private Limited, where the builder lost, reveals significant insights into their legal disputes, particularly concerning compliance with required project reporting.
The cases highlight two recurring themes: non-compliance with Quarterly Progress Reporting (QPR) requirements and the ensuing penalties for delayed or incomplete submissions. Both instances reflect a broader pattern of regulatory non-compliance, which suggests a lack of diligence on the part of the builder regarding their legal obligations.
Common reasons for bringing cases to court included contesting penalties imposed for late or incomplete QPR submissions and disputes over the builder's accountability for these delays. Notably, the builder claimed to have submitted QPRs for various periods, indicating an attempt to fulfill their obligations, yet the reality of incomplete submissions led to legal consequences.
The builder lost these cases primarily due to their failure to adhere to the necessary reporting requirements in …
Individual case details available for subscribers.
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