Appellant / Complainant
Uttar Pradesh State Industrial Development Corporation Ltd.
Respondent
Baneshwar Dayal Suman
uttar pradesh 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 0901126012402020 by Uttar Pradesh State Industrial Development Corporation Ltd. against Baneshwar Dayal Suman before up_rera.
for delivery of Judgment/Order
The Tribunal dismissed the appeals filed by UPSIDA/UPSIDC, upholding the RERA orders that mandate the refund of deposited amounts to allottees with interest at the MCLR+1% rate due to project delays. The ruling affirms that the Trans Ganga City project falls under the jurisdiction of the RERA Act and requires mandatory registration.
For Order
The Tribunal refers the parties to a previously passed order dated in Misc. Case No. 101/2020 for further directions.
Tribunal Order #0901126012402020-14-09-2021
The Tribunal dismissed the appeals filed by UPSIDA/UPSIDC, upholding the RERA orders that mandate the refund of deposited amounts to allottees with interest at the MCLR+1% rate due to project delays. The ruling affirms that the Trans Ganga City project falls under the jurisdiction of the RERA Act and requires mandatory registration.
Tribunal Disposal & Final Award Ruling
The Tribunal dismissed the appeals filed by UPSIDA/UPSIDC, upholding the RERA orders that mandate the refund of deposited amounts to allottees with interest at the MCLR+1% rate due to project delays. The ruling affirms that the Trans Ganga City project falls under the jurisdiction of the RERA Act and requires mandatory registration. Awarded in favor of Respondent. Awarded interest rate: MCLR+1% simple annual rate.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Tribunal dismissed the appeals filed by UPSIDA/UPSIDC, upholding the RERA orders that mandate the refund of deposited amounts to allottees with interest at the MCLR+1% rate due to project delays. The ruling affirms that the Trans Ganga City project falls under the jurisdiction of the RERA Act and requires mandatory registration.
Ruling Awarded To
Respondent
Awarded Interest Rate
MCLR+1% simple annual rate
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)
- In Person
Official RERA Tribunal Orders (1)
The Tribunal dismissed the appeals filed by UPSIDA/UPSIDC, upholding the RERA orders that mandate the refund of deposited amounts to allottees with interest at the MCLR+1% rate due to project delays. The ruling affirms that the Trans Ganga City project falls under the jurisdiction of the RERA Act and requires mandatory registration.
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