Appellant / Complainant
U.P. State Industrial Development Corporation Limited
Respondent
Akhilesh Chandra Saxena
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 0901126004682023 by U.P. State Industrial Development Corporation Limited against Akhilesh Chandra Saxena before up_rera.
for delivery of Judgment/Order
The Tribunal dismissed 29 appeals filed by UPSIDA, upholding the Regulatory Authority's order for the payment of delay interest at MCLR+1% to allottees and directing the transfer of pre-deposited funds to U.P. RERA for distribution.
For Order
The court reserved the judgment for Appeal-154/2023 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 25.01.2024 following a High Court remand.
Delay condonation
The Tribunal rejected the delay condonation application and dismissed the defective appeal (Appeal-154/2023) pursuant to a prior order in Appeal No. (D) 167/2023.
Delay condonation
The Tribunal ruled that service of notice to the respondent is sufficient based on postal and email delivery, and granted the respondent 10 days to file objections.
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 issued notice to the respondent regarding the applicant's application for condonation of delay and directed the parties to follow specific service procedures before the next hearing on 20.04.2023.
Tribunal Order #0901126004682023-07-05-2024
The Tribunal dismissed 29 appeals filed by UPSIDA, upholding the Regulatory Authority's order for the payment of delay interest at MCLR+1% to allottees and directing the transfer of pre-deposited funds to U.P. RERA for distribution.
Tribunal Order #0901126004682023-19-07-2023
The Tribunal rejected the delay condonation application and dismissed the defective appeal (Appeal-154/2023) pursuant to a prior order in Appeal No. (D) 167/2023.
Tribunal Disposal & Final Award Ruling
The Tribunal dismissed 29 appeals filed by UPSIDA, upholding the Regulatory Authority's order for the payment of delay interest at MCLR+1% to allottees and directing the transfer of pre-deposited funds to U.P. RERA for distribution. The Tribunal rejected the delay condonation application and dismissed the defective appeal (Appeal-154/2023) pursuant to a prior order in Appeal No. (D) 167/2023. Awarded in favor of Respondent. Awarded interest rate: MCLR + 1%.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Tribunal dismissed 29 appeals filed by UPSIDA, upholding the Regulatory Authority's order for the payment of delay interest at MCLR+1% to allottees and directing the transfer of pre-deposited funds to U.P. RERA for distribution. The Tribunal rejected the delay condonation application and dismissed the defective appeal (Appeal-154/2023) pursuant to a prior order in Appeal No. (D) 167/2023.
Ruling Awarded To
Respondent
Awarded Interest Rate
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 (2)
The Tribunal dismissed 29 appeals filed by UPSIDA, upholding the Regulatory Authority's order for the payment of delay interest at MCLR+1% to allottees and directing the transfer of pre-deposited funds to U.P. RERA for distribution.
The Tribunal rejected the delay condonation application and dismissed the defective appeal (Appeal-154/2023) pursuant to a prior order in Appeal No. (D) 167/2023.
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