Appellant / Complainant
Parsvnath Developers Ltd.
Respondent
Anshul Garg, Anr
parsvnath developers ltd.
₹11,43,520
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 0901126016322020 by Parsvnath Developers Ltd. against Anshul Garg, Anr before up_rera.
for delivery of Judgment/Order
The Tribunal allowed the appeal by modifying the interest rate awarded by the Regulatory Authority from 12% per annum to MCLR + 1%, and directed the respondent to refund the excess amount received.
Re-Hearing
The Tribunal granted a request for adjournment due to the respondent's counsel being busy in another commission and rescheduled the hearing for 24.08.2022.
Re-Hearing
The Tribunal granted a request from the counsels of both parties to adjourn the hearing and rescheduled the appeal for 22.08.2022.
Re-Hearing
The Tribunal granted an adjournment requested by the appellant's counsel due to a family medical emergency and rescheduled the hearing for 18.08.2022.
Re-Hearing
The appeal has been adjourned to 11.08.2022 as the learned counsel for the appellant is on sanctioned leave.
Re-Hearing
The Tribunal granted a request by the appellant's counsel to reschedule the appeal for re-hearing on 27.07.2022 due to the superannuation of the Administrative Member.
Hearing
The Tribunal noted the absence of the respondent's counsel and adjourned the matter to 13.07.2022 for hearing.
Re-Hearing
The Tribunal granted an adjournment requested by the appellant's counsel and rescheduled the appeal for hearing on 20.06.2022 before Bench No. 1.
Hearing
The Tribunal granted a request from the respondent's counsel to adjourn the matter and scheduled the appeal for hearing on 13.06.2022.
Hearing
The court noted the presence of the appellant's counsel and the absence of the respondent's counsel, subsequently adjourning the matter to 01.11.2021.
Hearing
The Tribunal directed the Registry to summon the records of Complaint No. 1120173402 from the U.P. Real Estate Regulatory Authority, Meerut, to verify claims regarding the cancellation of an apartment.
Hearing
The Tribunal permitted the appellant to place a CA-certified calculation chart on record regarding interest amounts and adjourned the matter to 05.10.2021.
Hearing
The case is adjourned because lawyers are abstaining from work in support of a call by the Oudh Bar Association; the matter is rescheduled for 01.04.2021.
For Order
The Tribunal granted the appellant's request to skip filing a reply to the respondent's objections and adjourned the appeal for hearing to 05.03.2021.
Hearing
The Tribunal granted the appellant a one-week extension to file a reply to the respondents' objections and scheduled the matter for final hearing on 11.02.2021.
Tribunal Order #0901126016322020-28-09-2022
The Tribunal allowed the appeal by modifying the interest rate awarded by the Regulatory Authority from 12% per annum to MCLR + 1%, and directed the respondent to refund the excess amount received.
Tribunal Order #0901126016322020-05-10-2021
The Tribunal directed the Registry to summon the records of Complaint No. 1120173402 from the U.P. Real Estate Regulatory Authority, Meerut, to verify claims regarding the cancellation of an apartment.
Tribunal Disposal & Final Award Ruling
The Tribunal allowed the appeal by modifying the interest rate awarded by the Regulatory Authority from 12% per annum to MCLR + 1%, and directed the respondent to refund the excess amount received. Awarded in favor of Appellant. Awarded interest rate: MCLR + 1 percent.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Tribunal allowed the appeal by modifying the interest rate awarded by the Regulatory Authority from 12% per annum to MCLR + 1%, and directed the respondent to refund the excess amount received.
Ruling Awarded To
Appellant
Awarded Interest Rate
MCLR + 1 percent
Interest Period
from the date of each deposit till the date of actual payment
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Rajesh Chadha
Respondent Advocate(s)
- Vikas Agarwal
Official RERA Tribunal Orders (2)
The Tribunal allowed the appeal by modifying the interest rate awarded by the Regulatory Authority from 12% per annum to MCLR + 1%, and directed the respondent to refund the excess amount received.
The Tribunal directed the Registry to summon the records of Complaint No. 1120173402 from the U.P. Real Estate Regulatory Authority, Meerut, to verify claims regarding the cancellation of an apartment.
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