up_reraStatus: Completed
CASE ID: 0901126012112020

Appellant / Complainant

U.P. State Industrial Development Corporation Ltd.

VS

Respondent

Akhilesh Kumar Gaur

Developer Firm

u.p. state industrial development corporation ltd.

Disputed Amount

21,98,750

Disposal Award

Respondent

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Legal Issues & Claims Raised

Delay in PossessionRefund of InvestmentDelay Compensation / InterestJurisdiction & Maintainability

Case Procedural History & Progression Tree

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

8 Milestones
Filing Phase

Complaint Filing & Dispute Registration

Complaint registered under Case ID 0901126012112020 by U.P. State Industrial Development Corporation Ltd. against Akhilesh Kumar Gaur before up_rera.

Delay in PossessionRefund of InvestmentDelay Compensation / InterestJurisdiction & Maintainability
2
Stage 114/09/2021

for delivery of Judgment/Order

The Tribunal dismissed the appeals filed by UPSIDC/UPSIDA, upholding the RERA orders that mandate the refund of all amounts deposited by complainants with interest at the MCLR+1% rate and directing the project to be registered with RERA.

3
Stage 208/02/2021

Final Hearing

No text available.

4
Stage 304/02/2021

For Order

The Tribunal directed that the matter be listed for a hearing on 08.02.2021, referring to a previous order passed in Misc. Case No. 101/2020.

5
Stage 415/01/2021

Hearing

No text available.

6
Stage 527/11/2020

Hearing

No text available.

7
Stage 6Final Ruling Order

Tribunal Order #0901126012112020-14-09-2021

The Tribunal dismissed the appeals filed by UPSIDC/UPSIDA, upholding the RERA orders that mandate the refund of all amounts deposited by complainants with interest at the MCLR+1% rate and directing the project to be registered with RERA.

Disposal Phase

Tribunal Disposal & Final Award Ruling

The Tribunal dismissed the appeals filed by UPSIDC/UPSIDA, upholding the RERA orders that mandate the refund of all amounts deposited by complainants with interest at the MCLR+1% rate and directing the project to be registered with RERA. Awarded in favor of Respondent. Awarded interest rate: MCLR+1% simple annual rate.

Disposal Winner: RespondentInterest Rate: MCLR+1% simple annual rateStatus: Completed

Final Tribunal Order & Ruling Verdict Summary

Official Ruling Summary

The Tribunal dismissed the appeals filed by UPSIDC/UPSIDA, upholding the RERA orders that mandate the refund of all amounts deposited by complainants with interest at the MCLR+1% rate and directing the project to be registered with RERA.

Ruling Awarded To

Respondent

Awarded Interest Rate

MCLR+1% simple annual rate

Interest Period

from the date of payment of first instalment till the date of payment

Verified Tribunal DocumentationDownload Official Final Tribunal Order PDF

Statutory Sections Cited (RERA Act 2016)

Section 18(1)Section 3Section 79

Appearing Legal Counsel & Advocates

Appellant Advocate(s)

  • Ajai Kumar Singh

Respondent Advocate(s)

  • Deepak Dwivedi

Official RERA Tribunal Orders (1)

FINAL_ORDEROrder ID: 0901126012112020-14-09-2021

The Tribunal dismissed the appeals filed by UPSIDC/UPSIDA, upholding the RERA orders that mandate the refund of all amounts deposited by complainants with interest at the MCLR+1% rate and directing the project to be registered with RERA.

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