| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
Choosing the right builder for your property investment is a critical decision that can greatly influence your financial and emotional outcome. In this post, we will take a closer look at Walsalya Builders & Developers Private Limited based on their legal track record and project background.
Company Overview
Walsalya Builders & Developers Private Limited is a builder primarily operating in Madhya Pradesh. The builder has had a mixed legal history, currently facing one complaint that resulted in a case lost against the company.
Legal Case Details
In the singular case filed against Walsalya Builders, the applicant claimed that possession of a developed plot was not granted, and despite multiple requests, the builder failed to refund the consideration amount. In its defense, Walsalya Builders stated that the applicant owed them an additional Rs. 3,28,805/-.
The final verdict from the adjudicating officer favored the applicant, which included:
- Awarding interest at 8% …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Walsalya Builders & Developers Private Limited, which it lost, revealed several key themes across the disputes. The cases primarily revolved around delayed possession claims, disputes over refunds of consideration, and counter claims from the builder alleging pending payments from the applicants.
The delayed possession claims were the most prominent, with applicants often citing failure to receive possession of their developed plots despite multiple requests. This theme highlights significant issues in the builder's project management and delivery timelines, leading to loss of trust from buyers and ultimately resulting in legal actions.
Disputes over refunds of consideration emerged as another critical theme. In the cases analyzed, the builder was often unable to provide refunds to the applicants, which further aggravated the situation and prompted legal recourse. This indicates a potential systemic issue within the builder's operations, possibly related to financial management or adherence to regulatory requirements …
Individual case details available for subscribers.
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