Appellant / Complainant
S.V.P. Builders India Limited
Respondent
Saurabh Suri
s.v.p. builders india limited
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 0901126003322019 by S.V.P. Builders India Limited against Saurabh Suri before up_rera.
Compliance of section 43(5)
The U.P. Real Estate Appellate Tribunal dismissed four appeals filed by M/s S. V. P. Builders India Ltd. due to the promoter's failure to comply with the mandatory pre-deposit requirements of Section 43(5) of the RERA Act, 2016.
Exchange of pleadings
The Tribunal granted the appellant a final three-day extension to comply with Section 43(5) of the Act, warning that failure to do so will result in the dismissal of the appeal.
Hearing
The court granted a request from the appellant's counsel to reschedule the hearing, resulting in the case being listed for 21.09.2021.
Compliance of section 43(5)
The Tribunal directed the applicant to ensure complete compliance with Section 43(5) of the Act, 2016 by the next hearing, warning that failure to comply will result in the dismissal of the appeal.
Hearing on Appeal
The Tribunal adjourned the matter to 02.03.2021 and directed the appellant's counsel to ensure complete compliance with Section 43(5) of the Act before the next hearing.
For Order
The Tribunal granted the appellant one week to comply with Section 43(5) of the Act, 2016, warning that failure to do so by the next hearing will result in the dismissal of the appeal.
Arguments
The Tribunal granted an adjournment requested by the appellant's counsel due to his absence from the station and rescheduled the hearing for 08.02.2021.
Tribunal Order #0901126003322019-27-09-2021
The U.P. Real Estate Appellate Tribunal dismissed four appeals filed by M/s S. V. P. Builders India Ltd. due to the promoter's failure to comply with the mandatory pre-deposit requirements of Section 43(5) of the RERA Act, 2016.
Tribunal Order #0901126003322019-02-03-2021
The Tribunal directed the applicant to ensure complete compliance with Section 43(5) of the Act, 2016 by the next hearing, warning that failure to comply will result in the dismissal of the appeal.
Tribunal Order #0901126003322019-21-09-2021
The Tribunal granted the appellant a final three-day extension to comply with Section 43(5) of the Act, warning that failure to do so will result in the dismissal of the appeal.
Tribunal Order #0901126003322019-18-02-2021
The Tribunal adjourned the matter to 02.03.2021 and directed the appellant's counsel to ensure complete compliance with Section 43(5) of the Act before the next hearing.
Tribunal Order #0901126003322019-08-02-2021
The Tribunal granted the appellant one week to comply with Section 43(5) of the Act, 2016, warning that failure to do so by the next hearing will result in the dismissal of the appeal.
Tribunal Disposal & Final Award Ruling
The U.P. Real Estate Appellate Tribunal dismissed four appeals filed by M/s S. V. P. Builders India Ltd. due to the promoter's failure to comply with the mandatory pre-deposit requirements of Section 43(5) of the RERA Act, 2016. Awarded in favor of Respondent. Awarded interest rate: MCLR+1%.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The U.P. Real Estate Appellate Tribunal dismissed four appeals filed by M/s S. V. P. Builders India Ltd. due to the promoter's failure to comply with the mandatory pre-deposit requirements of Section 43(5) of the RERA Act, 2016.
Ruling Awarded To
Respondent
Awarded Interest Rate
MCLR+1%
Interest Period
from 01.05.2016 till the date of obtaining OC/CC or offer of possession
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Azhar Ikram
- Manish Singh
Respondent Advocate(s)
- Surangama Sharma
Official RERA Tribunal Orders (5)
The U.P. Real Estate Appellate Tribunal dismissed four appeals filed by M/s S. V. P. Builders India Ltd. due to the promoter's failure to comply with the mandatory pre-deposit requirements of Section 43(5) of the RERA Act, 2016.
The Tribunal directed the applicant to ensure complete compliance with Section 43(5) of the Act, 2016 by the next hearing, warning that failure to comply will result in the dismissal of the appeal.
The Tribunal granted the appellant a final three-day extension to comply with Section 43(5) of the Act, warning that failure to do so will result in the dismissal of the appeal.
The Tribunal adjourned the matter to 02.03.2021 and directed the appellant's counsel to ensure complete compliance with Section 43(5) of the Act before the next hearing.
The Tribunal granted the appellant one week to comply with Section 43(5) of the Act, 2016, warning that failure to do so by the next hearing will result in the dismissal of the appeal.
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