Appellant / Complainant
Veena
Respondent
Greater Noida Industrial Development Authority
₹8,75,000
Appellant
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 0901126015222020 by Veena against Greater Noida Industrial Development Authority before up_rera.
for delivery of Judgment/Order
The Tribunal set aside the Regulatory Authority's order and directed the respondent to refund Rs. 8,75,000 to the appellant with interest at MCLR+1% per annum from the date of deposit until realization.
Hearing
The court heard arguments from both parties and reserved the judgment for a later date.
Hearing
The appeal is adjourned due to a lawyer strike called by the Oudh Bar Association and is rescheduled for hearing on 09.03.2021.
Tribunal Order #0901126015222020-22-09-2021
The Tribunal set aside the Regulatory Authority's order and directed the respondent to refund Rs. 8,75,000 to the appellant with interest at MCLR+1% per annum from the date of deposit until realization.
Tribunal Disposal & Final Award Ruling
The Tribunal set aside the Regulatory Authority's order and directed the respondent to refund Rs. 8,75,000 to the appellant with interest at MCLR+1% per annum from the date of deposit until realization. Awarded in favor of Appellant. Awarded interest rate: MCLR+1% per annum.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Tribunal set aside the Regulatory Authority's order and directed the respondent to refund Rs. 8,75,000 to the appellant with interest at MCLR+1% per annum from the date of deposit until realization.
Ruling Awarded To
Appellant
Awarded Interest Rate
MCLR+1% per annum
Interest Period
from the date of deposit till the refund
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Shashi Kant Verma
Respondent Advocate(s)
- Rajesh Chadha
Official RERA Tribunal Orders (1)
The Tribunal set aside the Regulatory Authority's order and directed the respondent to refund Rs. 8,75,000 to the appellant with interest at MCLR+1% per annum from the date of deposit until realization.
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