Appellant / Complainant
Krasa International Pvt. Ltd.
Respondent
Priti Bhalla
krasa international pvt. ltd.
₹21,62,500
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 0901126036042022 by Krasa International Pvt. Ltd. against Priti Bhalla before up_rera.
for delivery of Judgment/Order
The Appellate Tribunal dismissed the appeals filed by Krasa International Pvt. Ltd., upholding the RERA Authority's order for a refund of the deposited amount with interest (MCLR+1%) to the respondent due to project delay. The Tribunal further directed the transfer of the promoter's pre-deposited appeal amount to the U.P. RERA for disbursement to the allottee during execution proceedings.
Hearing
The Tribunal refers the parties to a previous order passed in Appeal No. 239/2023 for further directions.
Hearing
The Tribunal noted that pleadings have been exchanged and the appeal is ripe for hearing; consequently, the matter is scheduled for a hearing on 15.02.2024.
Hearing
The Tribunal adjourned the proceedings due to a call for lawyers to abstain from judicial work by the Bar Council of Uttar Pradesh and rescheduled the hearing for 26.10.2023.
Hearing
The Tribunal scheduled the appeal for a hearing on 26.07.2023, noting that no representative appeared for the respondent and stating that no further adjournments will be granted.
Hearing
The Tribunal ordered that recovery proceedings against the appellant shall be kept in abeyance provided the appellant deposits the difference between the amount already paid and the total recovery amount within 15 days.
Hearing
The Tribunal granted the respondent one week to file objections and directed that a soft copy be emailed to the appellant, scheduling the matter for hearing on 25.04.2023.
For Order
The Tribunal allowed the application for condonation of a one-day delay in filing the appeal due to technical issues with the e-portal and directed the registry to convert it into a Regular Appeal.
Defect Removal
The Tribunal granted a request to adjourn the matter to 21.02.2023 to allow the appellant to file an application for condonation of delay.
Tribunal Order #0901126036042022-07-05-2024
The Appellate Tribunal dismissed the appeals filed by Krasa International Pvt. Ltd., upholding the RERA Authority's order for a refund of the deposited amount with interest (MCLR+1%) to the respondent due to project delay. The Tribunal further directed the transfer of the promoter's pre-deposited appeal amount to the U.P. RERA for disbursement to the allottee during execution proceedings.
Tribunal Order #0901126036042022-25-04-2023
The Tribunal ordered that recovery proceedings against the appellant shall be kept in abeyance provided the appellant deposits the difference between the amount already paid and the total recovery amount within 15 days.
Tribunal Order #0901126036042022-21-02-2023
The Tribunal allowed the application for condonation of a one-day delay in filing the appeal due to technical issues with the e-portal and directed the registry to convert it into a Regular Appeal.
Tribunal Disposal & Final Award Ruling
The Appellate Tribunal dismissed the appeals filed by Krasa International Pvt. Ltd., upholding the RERA Authority's order for a refund of the deposited amount with interest (MCLR+1%) to the respondent due to project delay. The Tribunal further directed the transfer of the promoter's pre-deposited appeal amount to the U.P. RERA for disbursement to the allottee during execution proceedings. Awarded in favor of Respondent. Awarded interest rate: MCLR+1% per annum.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Appellate Tribunal dismissed the appeals filed by Krasa International Pvt. Ltd., upholding the RERA Authority's order for a refund of the deposited amount with interest (MCLR+1%) to the respondent due to project delay. The Tribunal further directed the transfer of the promoter's pre-deposited appeal amount to the U.P. RERA for disbursement to the allottee during execution proceedings.
Ruling Awarded To
Respondent
Awarded Interest Rate
MCLR+1% per annum
Interest Period
from the date of deposit of money in case the allottee wishes to withdraw from the project; and from the specified/expected date of possession in case the allottee wishes to stay in the project
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Manish Singh
- Azhar Ikram
Respondent Advocate(s)
- Siddharth Nandwani
- Abhishek Shukla
- Avinash Tripathi
Official RERA Tribunal Orders (3)
The Appellate Tribunal dismissed the appeals filed by Krasa International Pvt. Ltd., upholding the RERA Authority's order for a refund of the deposited amount with interest (MCLR+1%) to the respondent due to project delay. The Tribunal further directed the transfer of the promoter's pre-deposited appeal amount to the U.P. RERA for disbursement to the allottee during execution proceedings.
The Tribunal ordered that recovery proceedings against the appellant shall be kept in abeyance provided the appellant deposits the difference between the amount already paid and the total recovery amount within 15 days.
The Tribunal allowed the application for condonation of a one-day delay in filing the appeal due to technical issues with the e-portal and directed the registry to convert it into a Regular Appeal.
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