Appellant / Complainant
Air Force Naval Housing Board
Respondent
Satish 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 0901126018282020 by Air Force Naval Housing Board against Satish Kumar Sharma before up_rera.
for delivery of Judgment/Order
The Tribunal dismissed 48 connected appeals filed by the Air Force Naval Housing Board against UP RERA orders, upholding the award of interest at MCLR+1% for delayed possession. The Tribunal further directed that all pre-deposited amounts be transferred to U.P. RERA for distribution to allottees during execution proceedings.
Hearing
This is a procedural order directing the parties to refer to a previously passed order dated 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 directions or rulings in the matter.
Delay condonation
The Tribunal has ordered the matter to be put up for hearing on the following day, 13.02.2024.
Delay condonation
The Tribunal has scheduled the case for 12.07.2023 to consider an application for condonation of delay and for a hearing.
Delay condonation
The Tribunal allowed the appellant's application to amend the prayer clause, confining the challenge specifically to the Regulatory Authority's direction regarding interest for delayed possession.
Hearing
The Tribunal granted the applicant two weeks to file a reply to the respondent's objections regarding the condonation of delay and scheduled the matter for hearing on 14.12.2022.
Notice
The Tribunal granted the respondent 10 days to file objections to the application for condonation of delay and the grounds of appeal, with the case scheduled for hearing on 13.10.2022.
Tribunal Order #0901126018282020-07-05-2024
The Tribunal dismissed 48 connected appeals filed by the Air Force Naval Housing Board against UP RERA orders, upholding the award of interest at MCLR+1% for delayed possession. The Tribunal further directed that all pre-deposited amounts be transferred to U.P. RERA for distribution to allottees during execution proceedings.
Tribunal Order #0901126018282020-14-12-2022
The Tribunal allowed the appellant'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 connected appeals filed by the Air Force Naval Housing Board against UP RERA orders, upholding the award of interest at MCLR+1% for delayed possession. The Tribunal further directed that all pre-deposited amounts be transferred to U.P. RERA for distribution to allottees 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 connected appeals filed by the Air Force Naval Housing Board against UP RERA orders, upholding the award of interest at MCLR+1% for delayed possession. The Tribunal further directed that all pre-deposited amounts be transferred to U.P. RERA for distribution to allottees 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)
- N A
- Harsh Vardhan
Respondent Advocate(s)
- Rakesh Kumar Rana
- Rimjhim Rana Singh
Official RERA Tribunal Orders (2)
The Tribunal dismissed 48 connected appeals filed by the Air Force Naval Housing Board against UP RERA orders, upholding the award of interest at MCLR+1% for delayed possession. The Tribunal further directed that all pre-deposited amounts be transferred to U.P. RERA for distribution to allottees during execution proceedings.
The Tribunal allowed the appellant's application to amend the prayer clause, confining the challenge specifically to the Regulatory Authority's direction regarding interest for delayed possession.
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