up_reraStatus: Completed
CASE ID: 0901126005452021

Appellant / Complainant

A.M. Agro Ventures

VS

Respondent

U.P. State Industrial Development Corporation Limited, Anr.

Developer Firm

a.m. agro ventures

Disputed Amount

11,91,606

Disposal Award

Appellant

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Legal Issues & Claims Raised

Delay in PossessionRefund of InvestmentDelay Compensation / InterestUnfair Cancellation & ForfeitureJurisdiction & Maintainability

Case Procedural History & Progression Tree

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

17 Milestones
Filing Phase

Complaint Filing & Dispute Registration

Complaint registered under Case ID 0901126005452021 by A.M. Agro Ventures against U.P. State Industrial Development Corporation Limited, Anr. before up_rera.

Delay in PossessionRefund of InvestmentDelay Compensation / InterestUnfair Cancellation & ForfeitureJurisdiction & Maintainability
2
Stage 129/09/2022

for delivery of Judgment/Order

The Tribunal set aside the Regulatory Authority's order and directed the respondent to refund the deducted amount of Rs. 11,51,627/- along with interest at the SBI MCLR+1% rate on the entire deposited amount from the date of deposit until actual payment.

3
Stage 215/07/2022

Final Hearing

The court heard arguments from the counsel for both parties and reserved the judgment for a later date.

4
Stage 306/05/2022

Hearing

The Tribunal directed the parties to file concise written arguments along with cited judgments and exchange them before the next hearing date of 15.07.2022.

5
Stage 430/03/2022

Hearing

The Tribunal directed the appellant to file a rejoinder/replication by the next hearing date and provide a copy to the respondent via email, scheduling the matter for hearing on 06.05.2022.

6
Stage 514/03/2022

For Order

The Tribunal directed the respondent to serve its objections via email within three days and ordered the appellant to file a reply within one week thereafter, scheduling the next hearing for 30.03.2022.

7
Stage 628/02/2022

to file objections and its reply

The Tribunal directed the applicant to file an affidavit in support of their application for proof of service within one week and scheduled the appeal for hearing on 14.03.2022.

8
Stage 716/12/2021

Delay condonation

The Tribunal directed the appellant's counsel to take necessary procedural steps within one week and scheduled the case for further orders on 18.01.2022.

9
Stage 822/11/2021

Delay condonation

The Tribunal condoned the delay in filing the appeal due to the COVID-19 lockdown period and directed the Registry to convert the defective appeal into a regular appeal.

10
Stage 927/10/2021

Hearing

The Tribunal granted the appellant two weeks to file a better affidavit explaining the delay in filing, noting that the previous affidavit lacked sufficient cause despite Supreme Court precedents on limitation extensions.

11
Stage 1015/09/2021

Hearing

The Tribunal issued notices to the parties via email due to non-appearance and scheduled the defective appeal for 27.10.2021 to address the limitation application.

12
Stage 1115/04/2021

Hearing

No text available.

13
Stage 1218/03/2021

For Order

The Tribunal adjourned the matter to 15.04.2021 for a hearing on the limitation application due to the absence of the respondent despite service of notice.

14
Stage 1327/01/2021

Defect Removal

The Tribunal noted that registry defects have been removed and directed the issuance of notice to the opposite party via registered post and email, scheduling the matter for March 18, 2021, to dispose of a limitation application.

15
Stage 14Final Ruling Order

Tribunal Order #0901126005452021-29-09-2022

The Tribunal set aside the Regulatory Authority's order and directed the respondent to refund the deducted amount of Rs. 11,51,627/- along with interest at the SBI MCLR+1% rate on the entire deposited amount from the date of deposit until actual payment.

16
Stage 15Interim Order

Tribunal Order #0901126005452021-22-11-2021

The Tribunal condoned the delay in filing the appeal due to the COVID-19 lockdown period and directed the Registry to convert the defective appeal into a regular appeal.

Disposal Phase

Tribunal Disposal & Final Award Ruling

The Tribunal set aside the Regulatory Authority's order and directed the respondent to refund the deducted amount of Rs. 11,51,627/- along with interest at the SBI MCLR+1% rate on the entire deposited amount from the date of deposit until actual payment. Awarded in favor of Appellant. Awarded interest rate: State Bank of India's MCLR+1% per annum.

Disposal Winner: AppellantInterest Rate: State Bank of India's MCLR+1% per annumStatus: Completed

Final Tribunal Order & Ruling Verdict Summary

Official Ruling Summary

The Tribunal set aside the Regulatory Authority's order and directed the respondent to refund the deducted amount of Rs. 11,51,627/- along with interest at the SBI MCLR+1% rate on the entire deposited amount from the date of deposit until actual payment.

Ruling Awarded To

Appellant

Awarded Interest Rate

State Bank of India's MCLR+1% per annum

Interest Period

from the date of deposit till the date of actual refund

Verified Tribunal DocumentationDownload Official Final Tribunal Order PDF

Statutory Sections Cited (RERA Act 2016)

Section 18(1)Section 11(5)Section 3Section 79

Appearing Legal Counsel & Advocates

Appellant Advocate(s)

  • Rohit Jaiswal
  • Adarsh Pratap Singh

Respondent Advocate(s)

  • Kartikey Dubey
  • Rishabh Raj

Official RERA Tribunal Orders (2)

FINAL_ORDEROrder ID: 0901126005452021-29-09-2022

The Tribunal set aside the Regulatory Authority's order and directed the respondent to refund the deducted amount of Rs. 11,51,627/- along with interest at the SBI MCLR+1% rate on the entire deposited amount from the date of deposit until actual payment.

INTERIM_ORDEROrder ID: 0901126005452021-22-11-2021

The Tribunal condoned the delay in filing the appeal due to the COVID-19 lockdown period and directed the Registry to convert the defective appeal into a regular appeal.

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