| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
Real estate builders play a crucial role in the property market, not only for their contributions to community development but also in setting standards of compliance and transparency. In this blog post, we will explore Vraj Prokcon LLP, a builder based in Gujarat, to understand its performance in legal and compliance matters. Despite having only one legal complaint against them, it's essential to analyze the implications for potential buyers.
Overview of Vraj Prokcon LLP
Vraj Prokcon LLP is a builder situated in Gujarat, primarily known for its project 'Apple Alatur.' While the company has worked on real estate projects in this region, scrutiny into their legal record reveals some crucial governance areas that potential clients should consider.
Legal Case Analysis
Summary of Legal Cases
Vraj Prokcon LLP has had one legal case filed against it, which resulted in a loss for the builder. The details are as follows:
- Appellant …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Vraj Prokcon LLP, where the builder lost, reveals several key themes across the disputes. The cases highlight ongoing issues in two primary areas: regulatory compliance and delays in fulfilling obligations.
In terms of regulatory compliance, the most notable case involved the builder's failure to provide a yearly audit report for their real estate project 'Apple Alatur' as mandated by law. This reflects a broader pattern of non-compliance with legal requirements that can lead to significant penalties, as seen in this instance where the authority imposed a fine of Rs. 2,50,000.
Delays in fulfilling obligations was another common theme, with the builder facing scrutiny for late submission of the audit report. This raises concerns about the builder's operational efficiency and adherence to timelines, which are critical in the real estate sector where transparency and compliance are paramount.
The reasons people brought cases to court primarily …
Individual case details available for subscribers.
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