up_reraStatus: Completed
CASE ID: 0901126003472019

Appellant / Complainant

Gunajan Sharma

VS

Respondent

U.P. Township Infrastructure Pvt. Ltd.

Developer Firm

u.p. township infrastructure pvt. ltd.

Disputed Amount

50,59,881

Disposal Award

Respondent

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Legal Issues & Claims Raised

Refund of InvestmentDelay Compensation / Interest

Case Procedural History & Progression Tree

Visual step-by-step tree detailing dispute origin, interim hearings, and final tribunal ruling.

18 Milestones
Filing Phase

Complaint Filing & Dispute Registration

Complaint registered under Case ID 0901126003472019 by Gunajan Sharma against U.P. Township Infrastructure Pvt. Ltd. before up_rera.

Refund of InvestmentDelay Compensation / Interest
2
Stage 108/12/2021

Final Hearing

The Tribunal permitted the appellant to withdraw the case following the respondent's payment of Rs. 50,59,881/- and interest, while reserving the applicant's right to seek corrections for any mathematical errors in interest calculation.

3
Stage 207/12/2021

Final Hearing

The Tribunal recorded the appellant's agreement to a settlement proposal where the respondent will refund the amount based on SBI's MCLR plus 1% via RTGS, subject to TDS and 15% cancellation charges, with the appellant undertaking to withdraw the appeal upon receipt.

4
Stage 325/11/2021

Hearing

The respondent offered to refund the applicant's deposit minus a 15% deduction with interest at MCLR+1%, and the matter is adjourned to allow the appellant to discuss this proposal.

5
Stage 422/11/2021

Hearing

The Tribunal granted a request for adjournment and rescheduled the matter to 25.11.2021, directing that the CEO/MD/Director of the respondent must appear at the next hearing.

6
Stage 528/09/2021

Hearing

The Tribunal directed the CEO/MD/Director of the respondent builder-company to appear in person following a dispute regarding the refund amount for an allotted unit that has already been sold.

7
Stage 608/09/2021

Hearing

The Tribunal noted the respondent's offer to refund the applicant's deposit without interest and directed the authorized representatives of both parties to appear at the next hearing on 28.09.2021.

8
Stage 704/05/2021

Hearing

No text available.

9
Stage 807/04/2021

Hearing

No text available.

10
Stage 915/03/2021

For Order

The Tribunal directed the parties to exchange settlement terms via email and ordered the respondent to appear through an authorized representative empowered to finalize a settlement at the next hearing.

11
Stage 1005/02/2021

For Order

The case was adjourned to 15.03.2021 following arguments regarding a potential settlement where the respondent expressed readiness to refund the amount deposited by the applicant.

12
Stage 1115/01/2021

Delay condonation

No text available.

13
Stage 1223/10/2020

Delay condonation

No text available.

14
Stage 13Final Ruling Order

Tribunal Order #0901126003472019-08-12-2021

The Tribunal permitted the appellant to withdraw the case following the respondent's payment of Rs. 50,59,881/- and interest, while reserving the applicant's right to seek corrections for any mathematical errors in interest calculation.

15
Stage 14Interim Order

Tribunal Order #0901126003472019-07-12-2021

The Tribunal recorded the appellant's agreement to a settlement proposal where the respondent will refund the amount based on SBI's MCLR plus 1% via RTGS, subject to TDS and 15% cancellation charges, with the appellant undertaking to withdraw the appeal upon receipt.

16
Stage 15Interim Order

Tribunal Order #0901126003472019-25-11-2021

The respondent offered to refund the applicant's deposit minus a 15% deduction with interest at MCLR+1%, and the matter is adjourned to allow the appellant to discuss this proposal.

17
Stage 16Interim Order

Tribunal Order #0901126003472019-28-09-2021

The Tribunal directed the CEO/MD/Director of the respondent builder-company to appear in person following a dispute regarding the refund amount for an allotted unit that has already been sold.

Disposal Phase

Tribunal Disposal & Final Award Ruling

The Tribunal permitted the appellant to withdraw the case following the respondent's payment of Rs. 50,59,881/- and interest, while reserving the applicant's right to seek corrections for any mathematical errors in interest calculation. Awarded in favor of Respondent. Awarded interest rate: MCLR+1%.

Disposal Winner: RespondentInterest Rate: MCLR+1%Status: Completed

Final Tribunal Order & Ruling Verdict Summary

Official Ruling Summary

The Tribunal permitted the appellant to withdraw the case following the respondent's payment of Rs. 50,59,881/- and interest, while reserving the applicant's right to seek corrections for any mathematical errors in interest calculation.

Ruling Awarded To

Respondent

Awarded Interest Rate

MCLR+1%

Verified Tribunal DocumentationDownload Official Final Tribunal Order PDF

Statutory Sections Cited (RERA Act 2016)

Section 18(1)

Appearing Legal Counsel & Advocates

Appellant Advocate(s)

  • Rudra Kumar Tiwari

Respondent Advocate(s)

  • D.N. Verma
  • Samrat Vaish

Official RERA Tribunal Orders (4)

FINAL_ORDEROrder ID: 0901126003472019-08-12-2021

The Tribunal permitted the appellant to withdraw the case following the respondent's payment of Rs. 50,59,881/- and interest, while reserving the applicant's right to seek corrections for any mathematical errors in interest calculation.

INTERIM_ORDEROrder ID: 0901126003472019-07-12-2021

The Tribunal recorded the appellant's agreement to a settlement proposal where the respondent will refund the amount based on SBI's MCLR plus 1% via RTGS, subject to TDS and 15% cancellation charges, with the appellant undertaking to withdraw the appeal upon receipt.

INTERIM_ORDEROrder ID: 0901126003472019-25-11-2021

The respondent offered to refund the applicant's deposit minus a 15% deduction with interest at MCLR+1%, and the matter is adjourned to allow the appellant to discuss this proposal.

INTERIM_ORDEROrder ID: 0901126003472019-28-09-2021

The Tribunal directed the CEO/MD/Director of the respondent builder-company to appear in person following a dispute regarding the refund amount for an allotted unit that has already been sold.

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