Appellant / Complainant
Alpha Corp Development Private Limited
Respondent
Anshika Gupta, Others, Abet Buildcon Private Limited, Uttar Pradesh Real Estate Regulatory Authority Gautam Buddha Nagar
alpha corp development private limited
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 0901126020062023 by Alpha Corp Development Private Limited against Anshika Gupta, Others, Abet Buildcon Private Limited, Uttar Pradesh Real Estate Regulatory Authority Gautam Buddha Nagar before up_rera.
for delivery of Judgment/Order
The Tribunal ruled that M/s. Alpha Corp Development Private Limited is a 'promoter' under Section 2(zk) of the RERA Act and directed them to comply with Section 43(5) by depositing the required amount within 10 days to proceed with their appeal.
Delay condonation
The Tribunal has adjourned the matter to 25.05.2023 for consideration of an application for condonation of delay and hearing, following a joint request from both parties' counsel.
Defect Removal
The Tribunal is examining whether the applicant qualifies as a 'Promoter' or merely a 'Development Manager' to determine compliance with Section 43(5) of the Act, and has granted respondent no.1 one week to file objections on this issue.
Tribunal Order #0901126020062023-05-09-2023
The Tribunal ruled that M/s. Alpha Corp Development Private Limited is a 'promoter' under Section 2(zk) of the RERA Act and directed them to comply with Section 43(5) by depositing the required amount within 10 days to proceed with their appeal.
Tribunal Order #0901126020062023-02-05-2023
The Tribunal is examining whether the applicant qualifies as a 'Promoter' or merely a 'Development Manager' to determine compliance with Section 43(5) of the Act, and has granted respondent no.1 one week to file objections on this issue.
Tribunal Disposal & Final Award Ruling
The Tribunal ruled that M/s. Alpha Corp Development Private Limited is a 'promoter' under Section 2(zk) of the RERA Act and directed them to comply with Section 43(5) by depositing the required amount within 10 days to proceed with their appeal. Awarded in favor of Respondent. Awarded interest rate: MCLR+1 percent.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Tribunal ruled that M/s. Alpha Corp Development Private Limited is a 'promoter' under Section 2(zk) of the RERA Act and directed them to comply with Section 43(5) by depositing the required amount within 10 days to proceed with their appeal.
Ruling Awarded To
Respondent
Awarded Interest Rate
MCLR+1 percent
Interest Period
from the date of initial payment made till total refund of amount
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Abhishek Khare
- Vikash Verma
Respondent Advocate(s)
- Amit Yadav
Official RERA Tribunal Orders (2)
The Tribunal ruled that M/s. Alpha Corp Development Private Limited is a 'promoter' under Section 2(zk) of the RERA Act and directed them to comply with Section 43(5) by depositing the required amount within 10 days to proceed with their appeal.
The Tribunal is examining whether the applicant qualifies as a 'Promoter' or merely a 'Development Manager' to determine compliance with Section 43(5) of the Act, and has granted respondent no.1 one week to file objections on this issue.
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