up_reraStatus: Completed
CASE ID: 0901126012502020

Appellant / Complainant

Shivendra Kumar Srivastava

VS

Respondent

Gaursons Promoters Pvt. Ltd.

Developer Firm

gaursons promoters pvt. ltd.

Disputed Amount

12,89,760

Disposal Award

Appellant

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Legal Issues & Claims Raised

Delay in PossessionRefund of InvestmentDelay Compensation / InterestUnfair Cancellation & Forfeiture

Case Procedural History & Progression Tree

Visual step-by-step tree detailing dispute origin, interim hearings, and final tribunal ruling.

6 Milestones
Filing Phase

Complaint Filing & Dispute Registration

Complaint registered under Case ID 0901126012502020 by Shivendra Kumar Srivastava against Gaursons Promoters Pvt. Ltd. before up_rera.

Delay in PossessionRefund of InvestmentDelay Compensation / InterestUnfair Cancellation & Forfeiture
2
Stage 127/08/2021

Judgement

The Tribunal set aside the Regulatory Authority's order and directed the Respondent to refund the total deposited amount of Rs. 12,89,760/- to the Appellant along with interest at MCLR+1% from the date of deposit until the actual date of refund.

3
Stage 218/01/2021

Hearing on Appeal

No text available.

4
Stage 320/10/2020

Hearing on Appeal

No text available.

5
Stage 4Final Ruling Order

Tribunal Order #0901126012502020-27-08-2021

The Tribunal set aside the Regulatory Authority's order and directed the Respondent to refund the total deposited amount of Rs. 12,89,760/- to the Appellant along with interest at MCLR+1% from the date of deposit until the actual date of refund.

Disposal Phase

Tribunal Disposal & Final Award Ruling

The Tribunal set aside the Regulatory Authority's order and directed the Respondent to refund the total deposited amount of Rs. 12,89,760/- to the Appellant along with interest at MCLR+1% from the date of deposit until the actual date of refund. Awarded in favor of Appellant. Awarded interest rate: MCLR+1% per annum.

Disposal Winner: AppellantInterest Rate: MCLR+1% per annumStatus: Completed

Final Tribunal Order & Ruling Verdict Summary

Official Ruling Summary

The Tribunal set aside the Regulatory Authority's order and directed the Respondent to refund the total deposited amount of Rs. 12,89,760/- to the Appellant along with interest at MCLR+1% from the date of deposit until the actual date of refund.

Ruling Awarded To

Appellant

Awarded Interest Rate

MCLR+1% per annum

Interest Period

from the date of deposit till the refund

Verified Tribunal DocumentationDownload Official Final Tribunal Order PDF

Statutory Sections Cited (RERA Act 2016)

Section 18(1)Section 11(5)

Appearing Legal Counsel & Advocates

Appellant Advocate(s)

  • Puneet S Bisaria

Respondent Advocate(s)

  • D N Verma

Official RERA Tribunal Orders (1)

FINAL_ORDEROrder ID: 0901126012502020-27-08-2021

The Tribunal set aside the Regulatory Authority's order and directed the Respondent to refund the total deposited amount of Rs. 12,89,760/- to the Appellant along with interest at MCLR+1% from the date of deposit until the actual date of refund.

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