Appellant / Complainant
U.P. Avas Evam Vikas Parishad
Respondent
Bhagwati Prasad Sharma, Kanak Lata Sharma
₹20,88,000
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 0901126016142020 by U.P. Avas Evam Vikas Parishad against Bhagwati Prasad Sharma, Kanak Lata Sharma 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 due to delayed possession and directing the transfer of deposited funds to UP RERA for distribution.
Hearing
The court heard arguments from both parties and reserved the judgment for a later date.
Hearing
The Tribunal refers to a previous order dated 23.09.2020 and schedules the matter for further hearing on 01.10.2021.
For Order
The Tribunal adjourned the appeal to 12.04.2021 following a joint request from both parties and directed them to file lists of dates and relied-upon judgments in advance.
For Order
The case is adjourned to 24.03.2021 due to an advocate strike by the Oudh Bar Association, with a direction for parties to exchange pleadings in the interim.
For Order
The Tribunal granted the appellant a one-week extension to file a reply to the respondent's objections and scheduled the next hearing for March 3, 2021.
Tribunal Order #0901126016142020-21-01-2022
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 due to delayed possession and directing the transfer of deposited funds to UP RERA for distribution.
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 due to delayed possession and directing the transfer of deposited funds to UP RERA for distribution. 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 due to delayed possession and directing the transfer of deposited funds to UP RERA for distribution.
Ruling Awarded To
Respondent
Awarded Interest Rate
MCLR + 1 percent
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 due to delayed possession and directing the transfer of deposited funds to UP RERA for distribution.
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