Appellant / Complainant
Panchsheel Buildtecfh Pvt. Ltd.
Respondent
Dinesh Bhardwaj
panchsheel buildtecfh pvt. ltd.
Partial
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 0901126002242019 by Panchsheel Buildtecfh Pvt. Ltd. against Dinesh Bhardwaj before up_rera.
for delivery of Judgment/Order
The Tribunal partially allowed the appeal by modifying the interest rate awarded for delayed possession from 18% per annum to MCLR+1% per annum and directed that the promoter's pre-deposited amount be transferred to the U.P. RERA for disbursement during execution proceedings.
Re-Hearing
The parties reached an agreement regarding the interest rate for the delayed period, which shall be set at MCLR+1%, and the court has reserved its judgment.
Re-Hearing
The Tribunal has adjourned the appeal to 14.07.2022 for a hearing in the interest of justice.
Hearing
The Tribunal has scheduled the appeal for a hearing on July 4, 2022, following the absence of the respondent's counsel due to sanctioned leave.
Delay condonation
The Tribunal noted that the matter had previously been heard by Bench No. 1 and scheduled the case for further hearing on 17.11.2021.
Delay condonation
The Tribunal adjourned the matter to 25.10.2021 and issued a strict directive that no further adjournments will be granted, ordering parties to be prepared for final hearing or face an examination based solely on available records.
Delay condonation
The Tribunal granted an adjournment request made by the appellant's counsel due to illness and rescheduled the case for 19.04.2021.
Compliance of section 43(5)
The case was adjourned because lawyers were abstaining from work due to a call by the Oudh Bar Association; the matter is listed for 10.03.2021.
Compliance of section 43(5)
The Tribunal granted a request for adjournment made by the respondent's counsel and rescheduled the case to 24.02.2021 for hearing on the application for condonation of delay.
For Order
The Tribunal granted a request by the appellant's counsel to reschedule the case hearing to 08.02.2021.
Tribunal Order #0901126002242019-14-07-2022
The parties reached an agreement regarding the interest rate for the delayed period, which shall be set at MCLR+1%, and the court has reserved its judgment.
Tribunal Order #0901126002242019-18-07-2022
The Tribunal partially allowed the appeal by modifying the interest rate awarded for delayed possession from 18% per annum to MCLR+1% per annum and directed that the promoter's pre-deposited amount be transferred to the U.P. RERA for disbursement during execution proceedings.
Tribunal Order #0901126002242019-04-10-2021
The Tribunal adjourned the matter to 25.10.2021 and issued a strict directive that no further adjournments will be granted, ordering parties to be prepared for final hearing or face an examination based solely on available records.
Tribunal Disposal & Final Award Ruling
The Tribunal partially allowed the appeal by modifying the interest rate awarded for delayed possession from 18% per annum to MCLR+1% per annum and directed that the promoter's pre-deposited amount be transferred to the U.P. RERA for disbursement during execution proceedings. Awarded in favor of Partial. Awarded interest rate: MCLR + 1% per annum.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Tribunal partially allowed the appeal by modifying the interest rate awarded for delayed possession from 18% per annum to MCLR+1% per annum and directed that the promoter's pre-deposited amount be transferred to the U.P. RERA for disbursement during execution proceedings.
Ruling Awarded To
Partial
Awarded Interest Rate
MCLR + 1% per annum
Interest Period
from 30.11.2016 till delivery of possession
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Suyash Gupta
- R. D. Kranti
Respondent Advocate(s)
- Azhar Ikram
- Manish Singh
Official RERA Tribunal Orders (3)
The parties reached an agreement regarding the interest rate for the delayed period, which shall be set at MCLR+1%, and the court has reserved its judgment.
The Tribunal partially allowed the appeal by modifying the interest rate awarded for delayed possession from 18% per annum to MCLR+1% per annum and directed that the promoter's pre-deposited amount be transferred to the U.P. RERA for disbursement during execution proceedings.
The Tribunal adjourned the matter to 25.10.2021 and issued a strict directive that no further adjournments will be granted, ordering parties to be prepared for final hearing or face an examination based solely on available records.
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