Appellant / Complainant
Air Force Naval Housing Board
Respondent
Ashwani Kumar Sharma
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 0901126018172020 by Air Force Naval Housing Board against Ashwani Kumar Sharma before up_rera.
for delivery of Judgment/Order
The Tribunal dismissed 48 appeals filed by the Air Force Naval Housing Board, upholding the RERA Greater Noida order for interest payments to allottees, and directed the transfer of pre-deposited funds to U.P. RERA for distribution during execution proceedings.
Hearing
The Tribunal directs that for the relevant orders, the parties should refer to the order previously passed in Appeal No. D 21/2023.
Hearing
The order refers the parties to a previous order passed in Appeal No. D 866/2021 regarding the matter.
Delay condonation
The Tribunal has ordered the matter to be put up for hearing tomorrow, February 13, 2024.
Delay condonation
The Tribunal has listed the case for hearing on July 12, 2023, specifically to consider an application for condonation of delay.
Delay condonation
The Tribunal allowed the applicant's application to amend the prayer clause, confining the challenge specifically to the Regulatory Authority's direction regarding interest for delayed possession.
Notice
The Tribunal granted the respondent 10 days to file objections regarding the condonation of delay and grounds of appeal, scheduling the matter for hearing on 14.12.2022.
Notice
The Tribunal issued a notice to the respondent for the next hearing on 13.10.2022 and outlined the procedural requirements for service of notice and filing of objections.
Tribunal Order #0901126018172020-07-05-2024
The Tribunal dismissed 48 appeals filed by the Air Force Naval Housing Board, upholding the RERA Greater Noida order for interest payments to allottees, and directed the transfer of pre-deposited funds to U.P. RERA for distribution during execution proceedings.
Tribunal Order #0901126018172020-14-12-2022
The Tribunal allowed the applicant's application to amend the prayer clause, confining the challenge specifically to the Regulatory Authority's direction regarding interest for delayed possession.
Tribunal Disposal & Final Award Ruling
The Tribunal dismissed 48 appeals filed by the Air Force Naval Housing Board, upholding the RERA Greater Noida order for interest payments to allottees, and directed the transfer of pre-deposited funds to U.P. RERA for distribution during execution proceedings. Awarded in favor of Respondent. Awarded interest rate: MCLR + 1%.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Tribunal dismissed 48 appeals filed by the Air Force Naval Housing Board, upholding the RERA Greater Noida order for interest payments to allottees, and directed the transfer of pre-deposited funds to U.P. RERA for distribution during execution proceedings.
Ruling Awarded To
Respondent
Awarded Interest Rate
MCLR + 1%
Interest Period
w.e.f. 01.07.2012 till offer of possession or obtaining of OC whichever is later
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Prashant Kumar
- Ashish Kumar Singh
- Kushagra Dikshit
Respondent Advocate(s)
- Raj Kumar Mishra
Official RERA Tribunal Orders (2)
The Tribunal dismissed 48 appeals filed by the Air Force Naval Housing Board, upholding the RERA Greater Noida order for interest payments to allottees, and directed the transfer of pre-deposited funds to U.P. RERA for distribution during execution proceedings.
The Tribunal allowed the applicant's application to amend the prayer clause, confining the challenge specifically to the Regulatory Authority's direction regarding interest for delayed possession.
Need to research all rulings for a builder?
Extract builder dossiers, check execution status, and draft RERA appeal petitions in minutes using TathyaGrid.