Appellant / Complainant
U.P. State Industrial Development Corporation Limited
Respondent
Ravi Sharma
u.p. state industrial development corporation limited
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 0901126004032023 by U.P. State Industrial Development Corporation Limited against Ravi Sharma before up_rera.
for delivery of Judgment/Order
The Tribunal dismissed 29 appeals filed by UPSIDA against RERA orders, upholding the requirement to pay delay interest at MCLR+1% and directing the transfer of pre-deposited funds to U.P. RERA for distribution to allottees.
For Order
The court has reserved the judgment for Appeal-148/2023 following a reference to a previous order passed in Appeal No. D132/2023.
For Order
The Tribunal issued notice to the respondent to file objections within 10 days and scheduled the appeal for hearing on January 25, 2024, following a High Court remand.
Delay condonation
The Tribunal rejected the delay condonation application and dismissed the defective appeal (Appeal No. 148/2023) pursuant to a previous order dated July 19, 2023.
Delay condonation
The Tribunal treated the service of notice on the respondent as sufficient and granted 10 days for the respondent to file objections, scheduling the next hearing for July 19, 2023.
Delay condonation
The Tribunal granted the appellant's counsel one week to file an affidavit of service and scheduled the defective appeal for further orders on May 5, 2023.
Delay condonation
The Tribunal acknowledges the appellant's deposit of Rs. 13,16,122/- in compliance with Section 43(5) and issues notice to the respondent regarding the application for condonation of delay, scheduling the matter for hearing on 20.04.2023.
Tribunal Order #0901126004032023-07-05-2024
The Tribunal dismissed 29 appeals filed by UPSIDA against RERA orders, upholding the requirement to pay delay interest at MCLR+1% and directing the transfer of pre-deposited funds to U.P. RERA for distribution to allottees.
Tribunal Order #0901126004032023-13-03-2023
The Tribunal acknowledges the appellant's deposit of Rs. 13,16,122/- in compliance with Section 43(5) and issues notice to the respondent regarding the application for condonation of delay, scheduling the matter for hearing on 20.04.2023.
Tribunal Order #0901126004032023-19-07-2023
The Tribunal rejected the delay condonation application and dismissed the defective appeal (Appeal No. 148/2023) pursuant to a previous order dated July 19, 2023.
Tribunal Disposal & Final Award Ruling
The Tribunal dismissed 29 appeals filed by UPSIDA against RERA orders, upholding the requirement to pay delay interest at MCLR+1% and directing the transfer of pre-deposited funds to U.P. RERA for distribution to allottees. The Tribunal rejected the delay condonation application and dismissed the defective appeal (Appeal No. 148/2023) pursuant to a previous order dated July 19, 2023. Awarded in favor of Respondent. Awarded interest rate: SBI's MCLR+1%.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Tribunal dismissed 29 appeals filed by UPSIDA against RERA orders, upholding the requirement to pay delay interest at MCLR+1% and directing the transfer of pre-deposited funds to U.P. RERA for distribution to allottees. The Tribunal rejected the delay condonation application and dismissed the defective appeal (Appeal No. 148/2023) pursuant to a previous order dated July 19, 2023.
Ruling Awarded To
Respondent
Awarded Interest Rate
SBI's MCLR+1%
Interest Period
from December 2016 till receipt of OC/CC or the date of offer of possession, whichever is later
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Kartikey Dubey
- Ramesh Chandra Mishra
Respondent Advocate(s)
- Deepak Dwivedi
Official RERA Tribunal Orders (3)
The Tribunal dismissed 29 appeals filed by UPSIDA against RERA orders, upholding the requirement to pay delay interest at MCLR+1% and directing the transfer of pre-deposited funds to U.P. RERA for distribution to allottees.
The Tribunal acknowledges the appellant's deposit of Rs. 13,16,122/- in compliance with Section 43(5) and issues notice to the respondent regarding the application for condonation of delay, scheduling the matter for hearing on 20.04.2023.
The Tribunal rejected the delay condonation application and dismissed the defective appeal (Appeal No. 148/2023) pursuant to a previous order dated July 19, 2023.
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