Appellant / Complainant
Kvir Towers Private Limited
Respondent
Uttar Pradesh Real Estate Regulatory Authority
kvir towers private limited
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 0901126020102025 by Kvir Towers Private Limited against Uttar Pradesh Real Estate Regulatory Authority before up_rera.
for delivery of Judgment/Order
The Appellate Tribunal set aside the U.P. RERA's rejection of the appellant's project registration, ruling that the Regulatory Authority exceeded its jurisdiction by attempting to review an NCLT-approved resolution plan and finding that the promoter complied with statutory bank account requirements.
Further Hearing
The Tribunal has heard the arguments presented by the counsel for both the appellant and the respondent and has reserved the judgment for further delivery.
Defect Removal
The Tribunal adjourned the appeal for further hearing on 28.07.2025 and directed both parties to submit their written arguments.
Defect Removal
The Tribunal granted a request for adjournment by the appellant's counsel due to the unavailability of the main arguing counsel and rescheduled the hearing for 23.07.2025.
Defect Removal
Upon the joint request of the counsels for both parties, the tribunal has adjourned the appeal for hearing or orders to 08.07.2025.
Defect Removal
The Tribunal granted the appellant's application for waiver of the Section 43(5) deposit requirement, ruling that no amount is required to be deposited since the impugned order pertains to the rejection of project registration. The Tribunal also issued notice to the respondent for the main appeal, returnable by 07.07.2025.
Tribunal Order #0901126020102025-30-05-2025
The Tribunal granted the appellant's application for waiver of the Section 43(5) deposit requirement, ruling that no amount is required to be deposited since the impugned order pertains to the rejection of project registration. The Tribunal also issued notice to the respondent for the main appeal, returnable by 07.07.2025.
Tribunal Order #0901126020102025-11-08-2025
The Appellate Tribunal set aside the U.P. RERA's rejection of the appellant's project registration, ruling that the Regulatory Authority exceeded its jurisdiction by attempting to review an NCLT-approved resolution plan and finding that the promoter complied with statutory bank account requirements.
Tribunal Disposal & Final Award Ruling
The Appellate Tribunal set aside the U.P. RERA's rejection of the appellant's project registration, ruling that the Regulatory Authority exceeded its jurisdiction by attempting to review an NCLT-approved resolution plan and finding that the promoter complied with statutory bank account requirements. Awarded in favor of Appellant.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Appellate Tribunal set aside the U.P. RERA's rejection of the appellant's project registration, ruling that the Regulatory Authority exceeded its jurisdiction by attempting to review an NCLT-approved resolution plan and finding that the promoter complied with statutory bank account requirements.
Ruling Awarded To
Appellant
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Siddharth Nandwani
Respondent Advocate(s)
- Shobhit Mohan Shukla
Official RERA Tribunal Orders (2)
The Tribunal granted the appellant's application for waiver of the Section 43(5) deposit requirement, ruling that no amount is required to be deposited since the impugned order pertains to the rejection of project registration. The Tribunal also issued notice to the respondent for the main appeal, returnable by 07.07.2025.
The Appellate Tribunal set aside the U.P. RERA's rejection of the appellant's project registration, ruling that the Regulatory Authority exceeded its jurisdiction by attempting to review an NCLT-approved resolution plan and finding that the promoter complied with statutory bank account requirements.
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