Appellant / Complainant
U.P. State Industrial Development Corporation Ltd.
Respondent
Yogendra Singh
u.p. state industrial development corporation ltd.
₹21,98,750
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 0901126011582020 by U.P. State Industrial Development Corporation Ltd. against Yogendra Singh before up_rera.
for delivery of Judgment/Order
The Tribunal dismissed the appeals filed by UPSIDC/UPSIDA, upholding the RERA order that directs the promoter to refund allottees their deposited amounts with interest at the MCLR+1% rate due to project delays.
For Order
The Tribunal refers to a previous order passed in Misc. Case No. 101/2020 and schedules the matter for its next hearing on 08.02.2021.
Tribunal Order #0901126011582020-14-09-2021
The Tribunal dismissed the appeals filed by UPSIDC/UPSIDA, upholding the RERA order that directs the promoter to refund allottees their deposited amounts with interest at the MCLR+1% rate due to project delays.
Tribunal Disposal & Final Award Ruling
The Tribunal dismissed the appeals filed by UPSIDC/UPSIDA, upholding the RERA order that directs the promoter to refund allottees their deposited amounts with interest at the MCLR+1% rate due to project delays. Awarded in favor of Respondent. Awarded interest rate: MCLR+1%.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Tribunal dismissed the appeals filed by UPSIDC/UPSIDA, upholding the RERA order that directs the promoter to refund allottees their deposited amounts with interest at the MCLR+1% rate due to project delays.
Ruling Awarded To
Respondent
Awarded Interest Rate
MCLR+1%
Interest Period
from the date of payment of first instalment till the date of payment
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Ajai Kumar Singh
Respondent Advocate(s)
- Prasoon Kumar Anjor
Official RERA Tribunal Orders (1)
The Tribunal dismissed the appeals filed by UPSIDC/UPSIDA, upholding the RERA order that directs the promoter to refund allottees their deposited amounts with interest at the MCLR+1% rate due to project delays.
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