Appellant / Complainant
U.P. Avas Evam Vikas Parishad
Respondent
Anand Kumar Srivastava
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 0901126016072020 by U.P. Avas Evam Vikas Parishad against Anand Kumar Srivastava before up_rera.
for delivery of Judgment/Order
The U.P. Real Estate Appellate Tribunal dismissed 25 appeals filed by U.P. Awas Evam Vikas Parishad, upholding the Adjudicating Officer's orders for the promoter to pay interest (MCLR+1%) to allottees for delayed possession and directing the transfer of deposited funds to UP RERA for disbursement.
Hearing
The Tribunal heard arguments from the counsels representing both the appellant and the respondent and subsequently reserved the judgment.
Hearing on Appeal
The Tribunal directed that the order passed in a related appeal (Appeal No. 321/2020) be followed and scheduled the matter for further hearing on 01.10.2021.
For Order
The Tribunal granted the appellant a final one-week extension to file a reply to the respondent's objections and directed the service of said reply via email and e-portal before the next hearing on 12.04.2021.
For Order
The appeal is adjourned to 17.03.2021 due to a lawyers' strike, with a directive for parties to exchange pleadings in the interim.
Tribunal Order #0901126016072020-21-01-2022
The U.P. Real Estate Appellate Tribunal dismissed 25 appeals filed by U.P. Awas Evam Vikas Parishad, upholding the Adjudicating Officer's orders for the promoter to pay interest (MCLR+1%) to allottees for delayed possession and directing the transfer of deposited funds to UP RERA for disbursement.
Tribunal Disposal & Final Award Ruling
The U.P. Real Estate Appellate Tribunal dismissed 25 appeals filed by U.P. Awas Evam Vikas Parishad, upholding the Adjudicating Officer's orders for the promoter to pay interest (MCLR+1%) to allottees for delayed possession and directing the transfer of deposited funds to UP RERA for disbursement. Awarded in favor of Respondent. Awarded interest rate: MCLR + 1 percent.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The U.P. Real Estate Appellate Tribunal dismissed 25 appeals filed by U.P. Awas Evam Vikas Parishad, upholding the Adjudicating Officer's orders for the promoter to pay interest (MCLR+1%) to allottees for delayed possession and directing the transfer of deposited funds to UP RERA for disbursement.
Ruling Awarded To
Respondent
Awarded Interest Rate
MCLR + 1 percent
Interest Period
for the period of delay
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Akhand Pratap Singh
- Vijay Pratap Singh Chauhan
Respondent Advocate(s)
- Azhar Ikram
- Manish Singh
Official RERA Tribunal Orders (1)
The U.P. Real Estate Appellate Tribunal dismissed 25 appeals filed by U.P. Awas Evam Vikas Parishad, upholding the Adjudicating Officer's orders for the promoter to pay interest (MCLR+1%) to allottees for delayed possession and directing the transfer of deposited funds to UP RERA for disbursement.
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