Appellant / Complainant
Rishabh Buildwell Pvt. Ltd.
Respondent
Ruchi Jain
rishabh buildwell pvt. ltd.
₹40,24,257
Appellant
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 0901126017942023 by Rishabh Buildwell Pvt. Ltd. against Ruchi Jain before up_rera.
For Order
The U.P. Real Estate Appellate Tribunal set aside the Adjudicating Officer's order, ruling that the promoter was not liable for delay interest because possession was taken by the allottee prior to the due date and the AO lacked jurisdiction to grant such compensation under the RERA Act.
For Order
Upon a joint request from the counsels for both parties, the Tribunal has scheduled the appeal for a final hearing on January 28, 2025.
For Order
The Tribunal heard arguments from both parties regarding the jurisdiction of interest for delay and has reserved its judgment for a later date.
For Order
The Tribunal granted the respondent one week's time to place additional documents on record and scheduled the next hearing for May 15, 2024.
For Order
The Tribunal granted a request for adjournment from the respondent's counsel and scheduled the appeal for hearing on 15.04.2024.
For Order
The Tribunal granted the appellant a one-week extension to file a reply to the respondent's objections and scheduled the next hearing for March 11, 2024.
For Order
The Tribunal has scheduled the appeal for orders or hearing on November 3, 2023.
For Order
The Tribunal granted the respondent 10 days to file objections, with a subsequent one-week window for the applicant to reply, and scheduled the matter for orders on 21.09.2023.
For Order
The Tribunal granted the respondent 10 days to file objections to the appeal and directed that a soft copy be emailed to the appellant, with the matter listed for hearing on 16.08.2023.
Admission
The Tribunal found prima facie compliance with Section 43(5) of the Act regarding the appellant's deposit and issued notice to the respondent, scheduling the matter for hearing on 31.05.2023.
Tribunal Order #0901126017942023-28-01-2025
The U.P. Real Estate Appellate Tribunal set aside the Adjudicating Officer's order, ruling that the promoter was not liable for delay interest because possession was taken by the allottee prior to the due date and the AO lacked jurisdiction to grant such compensation under the RERA Act.
Tribunal Order #0901126017942023-19-04-2023
The Tribunal found prima facie compliance with Section 43(5) of the Act regarding the appellant's deposit and issued notice to the respondent, scheduling the matter for hearing on 31.05.2023.
Tribunal Disposal & Final Award Ruling
The U.P. Real Estate Appellate Tribunal set aside the Adjudicating Officer's order, ruling that the promoter was not liable for delay interest because possession was taken by the allottee prior to the due date and the AO lacked jurisdiction to grant such compensation under the RERA Act. Awarded in favor of Appellant. Awarded interest rate: MCLR + 1%.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The U.P. Real Estate Appellate Tribunal set aside the Adjudicating Officer's order, ruling that the promoter was not liable for delay interest because possession was taken by the allottee prior to the due date and the AO lacked jurisdiction to grant such compensation under the RERA Act.
Ruling Awarded To
Appellant
Awarded Interest Rate
MCLR + 1%
Interest Period
11.04.2020 to 04.06.2020
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Amit Yadav
Respondent Advocate(s)
- Prasoon Kumar Anjor
Official RERA Tribunal Orders (2)
The U.P. Real Estate Appellate Tribunal set aside the Adjudicating Officer's order, ruling that the promoter was not liable for delay interest because possession was taken by the allottee prior to the due date and the AO lacked jurisdiction to grant such compensation under the RERA Act.
The Tribunal found prima facie compliance with Section 43(5) of the Act regarding the appellant's deposit and issued notice to the respondent, scheduling the matter for hearing on 31.05.2023.
Need to research all rulings for rishabh buildwell pvt. ltd.?
Extract builder dossiers, check execution status, and draft RERA appeal petitions in minutes using TathyaGrid.