up_reraStatus: Completed
CASE ID: 0901126002212019

Appellant / Complainant

Neha Gupta

VS

Respondent

Panchsheel Buildtecfh Pvt. Ltd.

Developer Firm

panchsheel buildtecfh pvt. ltd.

Disputed Amount

33,26,452

Disposal Award

Appellant

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Legal Issues & Claims Raised

Delay in PossessionRefund of InvestmentDelay Compensation / Interest

Case Procedural History & Progression Tree

Visual step-by-step tree detailing dispute origin, interim hearings, and final tribunal ruling.

15 Milestones
Filing Phase

Complaint Filing & Dispute Registration

Complaint registered under Case ID 0901126002212019 by Neha Gupta against Panchsheel Buildtecfh Pvt. Ltd. before up_rera.

Delay in PossessionRefund of InvestmentDelay Compensation / Interest
2
Stage 127/09/2021

for delivery of Judgment/Order

The Tribunal set aside the Regulatory Authority's order and directed the respondent to refund the entire deposited amount to the appellants along with interest at the rate of MCLR+1% per annum from the date of deposit until the actual refund.

3
Stage 215/09/2021

Hearing

The Tribunal heard arguments from both the appellant and respondent and subsequently reserved the judgment for further delivery.

4
Stage 330/04/2021

Hearing

No text available.

5
Stage 407/04/2021

Hearing

No text available.

6
Stage 522/03/2021

Hearing

No text available.

7
Stage 617/03/2021

Hearing

The Tribunal granted a joint request from the counsel of both parties to reschedule the hearing for Appeal-53/2019 and Appeal No. 54/2019 to 22.03.2021.

8
Stage 725/02/2021

Final Hearing

The appeal filed by Dynamic Infradevelopers Pvt. Ltd. was dismissed as withdrawn following a request from the appellant's counsel.

9
Stage 808/02/2021

For Order

The Tribunal granted the appellant a one-week extension to comply with Section 43(5) of the Act, 2016, warning that failure to do so by the next hearing will result in the dismissal of the appeal.

10
Stage 922/01/2021

For Order

The Tribunal granted a request from the respondent's counsel to adjourn the matter and rescheduled the appeal for hearing on 08.02.2021.

11
Stage 1005/01/2021

Final Hearing

No text available.

12
Stage 1124/11/2020

Final Hearing

No text available.

13
Stage 12Final Ruling Order

Tribunal Order #0901126002212019-27-09-2021

The Tribunal set aside the Regulatory Authority's order and directed the respondent to refund the entire deposited amount to the appellants along with interest at the rate of MCLR+1% per annum from the date of deposit until the actual refund.

14
Stage 13Interim Order

Tribunal Order #0901126002212019-08-02-2021

The Tribunal granted the appellant a one-week extension to comply with Section 43(5) of the Act, 2016, warning that failure to do so by the next hearing will result in the dismissal of the appeal.

Disposal Phase

Tribunal Disposal & Final Award Ruling

The Tribunal set aside the Regulatory Authority's order and directed the respondent to refund the entire deposited amount to the appellants along with interest at the rate of MCLR+1% per annum from the date of deposit until the actual refund. Awarded in favor of Appellant. Awarded interest rate: MCLR + 1% per annum.

Disposal Winner: AppellantInterest Rate: MCLR + 1% per annumStatus: Completed

Final Tribunal Order & Ruling Verdict Summary

Official Ruling Summary

The Tribunal set aside the Regulatory Authority's order and directed the respondent to refund the entire deposited amount to the appellants along with interest at the rate of MCLR+1% per annum from the date of deposit until the actual refund.

Ruling Awarded To

Appellant

Awarded Interest Rate

MCLR + 1% per annum

Interest Period

from the date of deposit till the refund of the amount

Verified Tribunal DocumentationDownload Official Final Tribunal Order PDF

Statutory Sections Cited (RERA Act 2016)

Section 18(1)

Appearing Legal Counsel & Advocates

Appellant Advocate(s)

  • Manish Singh
  • Azhar Ikram

Respondent Advocate(s)

  • Suyash Gupta

Official RERA Tribunal Orders (2)

FINAL_ORDEROrder ID: 0901126002212019-27-09-2021

The Tribunal set aside the Regulatory Authority's order and directed the respondent to refund the entire deposited amount to the appellants along with interest at the rate of MCLR+1% per annum from the date of deposit until the actual refund.

INTERIM_ORDEROrder ID: 0901126002212019-08-02-2021

The Tribunal granted the appellant a one-week extension to comply with Section 43(5) of the Act, 2016, warning that failure to do so by the next hearing will result in the dismissal of the appeal.

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