| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
When it comes to selecting a builder for your dream home, due diligence is paramount. Today, we delve into VN Buildtech Private Limited, a builder operating primarily in Rajasthan, which has an unsettling track record in legal disputes.
Overview of VN Buildtech Private Limited
VN Buildtech Private Limited has faced a significant number of legal complaints, with a total of 9 cases filed against them, all resulting in unfavorable outcomes for the company. They've lost every single case to date, raising serious concerns about their business practices and reliability.
Legal Case Details
The primary issue cited in these legal disputes revolves around the builder's failure to pay interest on deposits made by applicants. Victims in these cases claimed that despite clear directions from authorities regarding the payment of interest, VN Buildtech insisted that unforeseen circumstances and a lack of funds hindered their compliance. However, the verdicts consistently favored the …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against VN Buildtech Private Limited, which the builder lost, reveals a consistent pattern of disputes primarily centered around the builder's failure to pay interest on deposits made by applicants.
The cases highlight a common theme of non-compliance with authority directions, where the builder was unable to pay the stipulated interest on deposits despite repeated instructions from the governing body. The builder consistently attributed this failure to unforeseen circumstances and a lack of funds, which indicates a potential systemic issue in their financial management and planning.
The primary reason people brought cases to court in this instance was to contest the builder's failure to honor their financial obligations, specifically concerning interest payments on deposits. This reflects a pattern where the builder’s litigation often stems from an inability to meet contractual or regulatory requirements, leading to legal action from aggrieved parties.
The consistent verdicts against the builder …
Individual case details available for subscribers.
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