| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Assessing Viva Biotech Private Limited: Insights from Customer Complaints
When it comes to investing in property, understanding the reputation of a builder is crucial. In this blog post, we will evaluate Viva Biotech Private Limited based on their complaint history and the details surrounding any legal cases. Our aim is to provide potential buyers with necessary insights and considerations before engaging with this builder.
Overview of Builders' Legal History
Viva Biotech Private Limited is primarily operating in Haryana and has encountered a total of 1 complaint. Notably, the company has not won any cases, while it has lost 1 case. Such a balance of complaints and verdicts raises some red flags for potential customers and necessitates a closer examination.Analysis of the Legal Case
The single case against Viva Biotech revolves around a complaint from an individual who booked a commercial/residential unit in a project known as "M3M Urbana Premium" located in Sector-67, Gurugram. The complainant alleges that they paid a total of Rs. 13,40,000/- for the unit; however, disputes arose over the payment processes and the association with a third party, IBIS Realty.- Appellant's Claim: The complainant asserts they completed payments totaling Rs. 2,00,000/- via cheque and RTGS, while additionally paying Rs. 2,07,000/- in cash. They sought a full refund of their payments as they were unable to complete the booking formalities.
- Respondent's Claim: The builder contended that they had only received Rs. 2,00,000/- and claimed no connection with IBIS Realty, arguing that they acted outside any contract with the complainant.
- Final Verdict: Ultimately, the authority deemed the complainant at fault for not fulfilling the necessary booking formalities and affirmed that the builder had refunded the Rs. 2,00,000/- amount. The complaint was dismissed, highlighting a lack of merit in the appellant's claims.
Patterns in Legal Cases
- Cases Lost: The singular case that Viva Biotech lost shares common patterns of miscommunication regarding payment procedures and booking formalities. It highlights discrepancies between the complainant's claims about cash payments to a third party and the builder's defense of non-involvement.
- Cases Won: Since there are no cases won by Viva Biotech, we cannot identify any patterns or common factors in successful outcomes.
Conclusion
Viva Biotech Private Limited has a concerning record reflected by a single lost case, indicating potential issues related to communication and transaction processes with customers. While the company has refunded some amount in the mentioned case, the lack of successful outcomes raises caution for prospective buyers.Tips for Potential Buyers Considering Viva Biotech Private Limited:
- Verification of Payments: Ensure that all transactions are recorded and acknowledged by the builder directly to avoid misunderstandings.
- Written Agreements: Always demand clear contracts that delineate terms of payment, project timelines, and the builder’s obligations.
- Research and Review: Look into reviews and ratings from other customers who have dealt with the builder to gather broader insights.
General Tips for Buyers When Selecting Any Builder:
- Investigate Background: Research the builder's history in project completion and their reputation in the market.
- Check for Complaints: Look for any legal issues or customer complaints associated with the builder.
- Examine Project Quality: Visit existing projects by the builder to evaluate construction quality and adherence to timelines.
- Consult Professionals: Engage a real estate expert or legal advisor to help navigate contracts and rights.
Investing in real estate is significant and should be approached with caution and thorough research. We hope this assessment of Viva Biotech Private Limited helps guide your purchasing decision.
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Here you’ll find cases where the builder sued others but didn’t win. We’ve included a simple summary and key takeaways from each case.
An analysis of the cases filed by the builder Viva Biotech Private Limited, which it ultimately lost, reveals several key insights into their litigation patterns and recurring themes.
The cases predominantly fall into a few common themes. First and foremost, 'Payment Disputes' emerge as a frequent topic, where the builder contests claims regarding amounts allegedly paid by customers. The second theme relates to 'Contractual Obligations', highlighting disputes over the fulfillment of booking formalities and finalization of allotments. 'Refund Issues' also surface, often connected to the builder's decisions to terminate agreements, prompting complaints from buyers. Lastly, 'Authorization and Representation Disputes' are evident, particularly in contexts where third parties are involved in transactions, leading to allegations of misrepresentation and a lack of clarity in contractual agreements.
The reasons behind the builder's decision to pursue legal action often revolve around contesting penalties linked to project delays, disputes regarding the legitimacy of received payments, and disagreements over the roles and responsibilities of associated entities involved in the sales process. In particular, the builder attempted to refute claims of financial irregularities, arguing that payments were either not made or were misrepresented by third parties acting on their behalf.
A review of the outcomes in these cases points to several common reasons for the builder's losses. These include an apparent lack of sufficient evidence to support their claims, gaps in adherence to legal or regulatory requirements, and their failure to comply with interim directions set forth by the court. Moreover, misunderstandings surrounding the roles of third-party representatives, like the association with IBIS Realty, added significant challenges to the builder's position in these disputes.
Overall, these cases illustrate the importance of clear communication, well-defined contractual terms, and meticulous compliance with legal standards in real estate transactions. For potential buyers, this serves as a reminder to ensure transparency and thorough verification of all dealings with builders to avoid similar pitfalls.
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 |
|---|---|---|---|---|---|---|---|
| 2207 of 2023 | Haryana | The complainant booked a commercial/residential u… | ["Refund", "Booking… | {"appellant_claim(in detail)": "The complainant b… | Viva Biotech Privat… | M3M India Private L… | https://haryanarera.gov.in/assistancecontrol/viewOrderPdf/MTY2MTg2 |