Appellant / Complainant
U.P. Avas Evam Vikas Parishad
Respondent
Rahul Sharma
₹47,09,000
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 0901126001812019 by U.P. Avas Evam Vikas Parishad against Rahul Sharma before up_rera.
for delivery of Judgment/Order
The UPREAT dismissed four appeals filed by U.P. Awas Evam Vikas Parishad, upholding the Regulatory Authority's orders for the payment of interest at MCLR+1% per annum to allottees due to project delays and directing the transfer of pre-deposited funds to the Authority for distribution.
Hearing
The Tribunal ordered that Appeal-329/2019 be listed alongside Appeal No. 152/2021 on 28.10.2021.
Hearing
The Tribunal granted the respondent a one-week extension to file objections to an additional document and scheduled the next hearing for 18.10.2021.
Hearing on Amendment Application
The Tribunal granted the appellant three days to amend the prayer clause of the appeal memo and directed the respondent to file objections to additional documents within one week.
For Order
The Tribunal allowed the appellant's application to amend the prayer clause of the memo of appeal to specifically challenge the interest rate and payment period awarded by the Regulatory Authority.
For Order
The Tribunal directed the Registry to locate a missing amendment application filed on 04.02.2021 and scheduled the case for consideration of said application on 23.02.2021.
Tribunal Order #0901126001812019-10-03-2022
The UPREAT dismissed four appeals filed by U.P. Awas Evam Vikas Parishad, upholding the Regulatory Authority's orders for the payment of interest at MCLR+1% per annum to allottees due to project delays and directing the transfer of pre-deposited funds to the Authority for distribution.
Tribunal Disposal & Final Award Ruling
The UPREAT dismissed four appeals filed by U.P. Awas Evam Vikas Parishad, upholding the Regulatory Authority's orders for the payment of interest at MCLR+1% per annum to allottees due to project delays and directing the transfer of pre-deposited funds to the Authority for distribution. Awarded in favor of Respondent. Awarded interest rate: MCLR + 1 percent per annum.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The UPREAT dismissed four appeals filed by U.P. Awas Evam Vikas Parishad, upholding the Regulatory Authority's orders for the payment of interest at MCLR+1% per annum to allottees due to project delays and directing the transfer of pre-deposited funds to the Authority for distribution.
Ruling Awarded To
Respondent
Awarded Interest Rate
MCLR + 1 percent per annum
Interest Period
as determined in each case by the Regulatory Authority
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- N N Pandey
Respondent Advocate(s)
- Ashish Mishra
Official RERA Tribunal Orders (1)
The UPREAT dismissed four appeals filed by U.P. Awas Evam Vikas Parishad, upholding the Regulatory Authority's orders for the payment of interest at MCLR+1% per annum to allottees due to project delays and directing the transfer of pre-deposited funds to the Authority for distribution.
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