Appellant / Complainant
Kvir Towers Private Limited
Respondent
Uttar Pradesh Real Estate Regulatory Authority
kvir towers private limited
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 0901126020052025 by Kvir Towers Private Limited against Uttar Pradesh Real Estate Regulatory Authority before up_rera.
for delivery of Judgment/Order
The Tribunal set aside the U.P. RERA's order rejecting the registration of five real estate projects, ruling that the Regulatory Authority exceeded its jurisdiction by attempting to reappraise an NCLT-approved resolution plan and finding that the promoter complied with statutory bank account mandates.
Further Hearing
The Tribunal has heard the arguments presented by the counsel for both parties and has reserved the judgment for further deliberation.
Defect Removal
The Tribunal adjourned the appeal for further hearing on 28.07.2025 and directed both parties to submit written arguments.
Defect Removal
The Tribunal granted a request for adjournment by the appellant's counsel and scheduled the appeal for hearing on 23.07.2025.
Defect Removal
The Tribunal has adjourned the appeal to 08.07.2025 for hearing or orders following a joint request from the counsels of both parties.
Defect Removal
The Tribunal granted the appellant's application for waiver of the Section 43(5) deposit requirement, ruling that no amount is required to be deposited as the impugned order pertains to a project registration rejection. The Tribunal also issued notice to the respondent for the main appeal, returnable by 07.07.2025.
Tribunal Order #0901126020052025-11-08-2025
The Tribunal set aside the U.P. RERA's order rejecting the registration of five real estate projects, ruling that the Regulatory Authority exceeded its jurisdiction by attempting to reappraise an NCLT-approved resolution plan and finding that the promoter complied with statutory bank account mandates.
Tribunal Order #0901126020052025-30-05-2025
The Tribunal granted the appellant's application for waiver of the Section 43(5) deposit requirement, ruling that no amount is required to be deposited as the impugned order pertains to a project registration rejection. The Tribunal also issued notice to the respondent for the main appeal, returnable by 07.07.2025.
Tribunal Disposal & Final Award Ruling
The Tribunal set aside the U.P. RERA's order rejecting the registration of five real estate projects, ruling that the Regulatory Authority exceeded its jurisdiction by attempting to reappraise an NCLT-approved resolution plan and finding that the promoter complied with statutory bank account mandates. Awarded in favor of Appellant.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Tribunal set aside the U.P. RERA's order rejecting the registration of five real estate projects, ruling that the Regulatory Authority exceeded its jurisdiction by attempting to reappraise an NCLT-approved resolution plan and finding that the promoter complied with statutory bank account mandates.
Ruling Awarded To
Appellant
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Siddharth Nandwani
Respondent Advocate(s)
- Shobhit Mohan Shukla
Official RERA Tribunal Orders (2)
The Tribunal set aside the U.P. RERA's order rejecting the registration of five real estate projects, ruling that the Regulatory Authority exceeded its jurisdiction by attempting to reappraise an NCLT-approved resolution plan and finding that the promoter complied with statutory bank account mandates.
The Tribunal granted the appellant's application for waiver of the Section 43(5) deposit requirement, ruling that no amount is required to be deposited as the impugned order pertains to a project registration rejection. The Tribunal also issued notice to the respondent for the main appeal, returnable by 07.07.2025.
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