Appellant / Complainant
U.P. State Industrial Development Corporation Ltd.
Respondent
Suresh Kumar Verma
u.p. state industrial development corporation ltd.
₹21,98,750
Respondent
Legal Issues & Claims Raised
Case Procedural History & Progression Tree
Visual step-by-step tree detailing dispute origin, interim hearings, and final tribunal ruling.
Complaint Filing & Dispute Registration
Complaint registered under Case ID 0901126002182019 by U.P. State Industrial Development Corporation Ltd. against Suresh Kumar Verma before up_rera.
for delivery of Judgment/Order
The Tribunal dismissed the appeals filed by UPSIDC/UPSIDA, upholding the RERA order to refund allottees their deposited amounts with interest at the MCLR+1% rate due to project delays. The appellants were further directed to ensure compliance with RERA orders and complete the registration of the Trans Ganga City Project.
For Order
This is a procedural order directing the parties to refer to a previous order passed in Misc. Case No. 101/2020.
Tribunal Order #0901126002182019-14-09-2021
The Tribunal dismissed the appeals filed by UPSIDC/UPSIDA, upholding the RERA order to refund allottees their deposited amounts with interest at the MCLR+1% rate due to project delays. The appellants were further directed to ensure compliance with RERA orders and complete the registration of the Trans Ganga City Project.
Tribunal Disposal & Final Award Ruling
The Tribunal dismissed the appeals filed by UPSIDC/UPSIDA, upholding the RERA order to refund allottees their deposited amounts with interest at the MCLR+1% rate due to project delays. The appellants were further directed to ensure compliance with RERA orders and complete the registration of the Trans Ganga City Project. Awarded in favor of Respondent. Awarded interest rate: MCLR+1%.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Tribunal dismissed the appeals filed by UPSIDC/UPSIDA, upholding the RERA order to refund allottees their deposited amounts with interest at the MCLR+1% rate due to project delays. The appellants were further directed to ensure compliance with RERA orders and complete the registration of the Trans Ganga City Project.
Ruling Awarded To
Respondent
Awarded Interest Rate
MCLR+1%
Interest Period
from the date of payment of first instalment till the date of payment
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Ashish Aggarwal
Respondent Advocate(s)
- Ajay Kumar Gupta
Official RERA Tribunal Orders (1)
The Tribunal dismissed the appeals filed by UPSIDC/UPSIDA, upholding the RERA order to refund allottees their deposited amounts with interest at the MCLR+1% rate due to project delays. The appellants were further directed to ensure compliance with RERA orders and complete the registration of the Trans Ganga City Project.
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