Appellant / Complainant
P. P. Buildcon Pvt. Ltd.
Respondent
Om Prakash
p. p. buildcon pvt. ltd.
₹2,60,000
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 0901126001252019 by P. P. Buildcon Pvt. Ltd. against Om Prakash before up_rera.
for delivery of Judgment/Order
The Uttar Pradesh Real Estate Appellate Tribunal dismissed the appeal filed by M/S P.P. Buildcon Pvt. Ltd., upholding the Adjudicating Officer's order to pay interest at MCLR+1% per annum on the respondent's deposit as compensation.
Tribunal Order #0901126001252019-20-09-2021
The Uttar Pradesh Real Estate Appellate Tribunal dismissed the appeal filed by M/S P.P. Buildcon Pvt. Ltd., upholding the Adjudicating Officer's order to pay interest at MCLR+1% per annum on the respondent's deposit as compensation.
Tribunal Disposal & Final Award Ruling
The Uttar Pradesh Real Estate Appellate Tribunal dismissed the appeal filed by M/S P.P. Buildcon Pvt. Ltd., upholding the Adjudicating Officer's order to pay interest at MCLR+1% per annum on the respondent's deposit as compensation. Awarded in favor of Respondent. Awarded interest rate: MCLR+1% per annum.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Uttar Pradesh Real Estate Appellate Tribunal dismissed the appeal filed by M/S P.P. Buildcon Pvt. Ltd., upholding the Adjudicating Officer's order to pay interest at MCLR+1% per annum on the respondent's deposit as compensation.
Ruling Awarded To
Respondent
Awarded Interest Rate
MCLR+1% per annum
Interest Period
from 30.09.2008 till the date of actual payment
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Abhinav Singh
Official RERA Tribunal Orders (1)
The Uttar Pradesh Real Estate Appellate Tribunal dismissed the appeal filed by M/S P.P. Buildcon Pvt. Ltd., upholding the Adjudicating Officer's order to pay interest at MCLR+1% per annum on the respondent's deposit as compensation.
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