Appellant / Complainant
Ajay Kumar Jain
Respondent
Paramount Propbuild Pvt. Ltd.
paramount propbuild pvt. ltd.
₹8,56,650
Respondent
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 0901126022252022 by Ajay Kumar Jain against Paramount Propbuild Pvt. Ltd. before up_rera.
for delivery of Judgment/Order
The Appellate Tribunal dismissed the appeal, ruling that the respondent had complied with the original RERA order by paying delay interest up to the date of the offer of possession and handing over the unit. The Tribunal held that the appellant could not challenge the calculation of interest through execution proceedings, as the original order had already attained finality.
Hearing
The Tribunal directed the Registry to convert the appeal from a defective status to a regular appeal following the removal of defects by the appellant, and subsequently reserved judgment.
Hearing
The Tribunal noted that pleadings have been exchanged and scheduled the appeal for a hearing on January 4, 2023.
Hearing
The Tribunal granted the respondent time to file a list of dates and events and scheduled the appeal for hearing on November 3, 2022.
Exchange of pleadings
The Tribunal directed the parties to exchange and submit a list of dates, events, and relied-upon judgments, scheduling the next hearing for September 29, 2022.
Delay condonation
The Tribunal granted the appellant time to file a replication/rejoinder to the respondent's reply and scheduled the hearing for September 1, 2022.
Notice
The Tribunal granted the respondent 10 days to file objections to the application for condonation of delay and grounds of appeal, with a subsequent timeline set for the applicant's reply.
Defect Removal
The Tribunal issued notice to the respondent subject to the removal of registry defects by the appellant and outlined the procedural requirements for service of notice and filing of objections.
Tribunal Order #0901126022252022-29-05-2023
The Appellate Tribunal dismissed the appeal, ruling that the respondent had complied with the original RERA order by paying delay interest up to the date of the offer of possession and handing over the unit. The Tribunal held that the appellant could not challenge the calculation of interest through execution proceedings, as the original order had already attained finality.
Tribunal Disposal & Final Award Ruling
The Appellate Tribunal dismissed the appeal, ruling that the respondent had complied with the original RERA order by paying delay interest up to the date of the offer of possession and handing over the unit. The Tribunal held that the appellant could not challenge the calculation of interest through execution proceedings, as the original order had already attained finality. Awarded in favor of Respondent. Awarded interest rate: MCLR+1%.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Appellate Tribunal dismissed the appeal, ruling that the respondent had complied with the original RERA order by paying delay interest up to the date of the offer of possession and handing over the unit. The Tribunal held that the appellant could not challenge the calculation of interest through execution proceedings, as the original order had already attained finality.
Ruling Awarded To
Respondent
Awarded Interest Rate
MCLR+1%
Interest Period
from 31.12.2016 till receipt of OC/CC or offer of possession, whichever is later
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Bhairav Dutt Sharma
Respondent Advocate(s)
- Saurabh Misra
- Shashank Kumar
- Krishna Kumar Singh
Official RERA Tribunal Orders (1)
The Appellate Tribunal dismissed the appeal, ruling that the respondent had complied with the original RERA order by paying delay interest up to the date of the offer of possession and handing over the unit. The Tribunal held that the appellant could not challenge the calculation of interest through execution proceedings, as the original order had already attained finality.
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