up_reraStatus: Completed
CASE ID: 0901126036032022

Appellant / Complainant

Krasa International Pvt. Ltd.

VS

Respondent

Priti Bhalla

Developer Firm

krasa international pvt. ltd.

Disputed Amount

21,62,500

Disposal Award

Respondent

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Legal Issues & Claims Raised

Delay in PossessionRefund of InvestmentDelay Compensation / InterestJurisdiction & Maintainability

Case Procedural History & Progression Tree

Visual step-by-step tree detailing dispute origin, interim hearings, and final tribunal ruling.

16 Milestones
Filing Phase

Complaint Filing & Dispute Registration

Complaint registered under Case ID 0901126036032022 by Krasa International Pvt. Ltd. against Priti Bhalla before up_rera.

Delay in PossessionRefund of InvestmentDelay Compensation / InterestJurisdiction & Maintainability
2
Stage 107/05/2024

for delivery of Judgment/Order

The Appellate Tribunal dismissed the developer's appeals against a RERA order for refund and interest, directing that the pre-deposited amount be transferred to U.P. RERA for disbursement to the allottee.

3
Stage 215/02/2024

Hearing

The Tribunal heard arguments from both parties and reserved the judgment for further deliberation.

4
Stage 324/01/2024

Hearing

The Tribunal noted that pleadings have been exchanged and scheduled the appeal for a hearing on 15.02.2024.

5
Stage 409/01/2024

Hearing

The Tribunal granted a request for adjournment by the respondent's counsel and ordered the appeal to be listed alongside Appeal No. 75/2023 on 24.01.2024 for simultaneous hearing.

6
Stage 503/10/2023

Hearing

No text available.

7
Stage 614/09/2023

For Order

The Tribunal adjourned the proceedings due to a call for lawyers to abstain from judicial work by the Bar Council of Uttar Pradesh and rescheduled the matter for 26.10.2023.

8
Stage 726/07/2023

For Order

No text available.

9
Stage 805/07/2023

For Order

The Tribunal has scheduled the appeal for a hearing on 26.07.2023 and directed that no further adjournments will be granted on that date.

10
Stage 922/05/2023

For Order

The Tribunal granted the appellant 10 days to file a reply to the respondent's objections and scheduled the next hearing for July 5, 2023.

11
Stage 1015/05/2023

For Order

The Tribunal noted a deficiency in the amount deposited by the appellant and granted one week to rectify it in compliance with Section 43(5) of the Act, 2016; the matter is listed for hearing on 22.05.2023.

12
Stage 1103/04/2023

Delay condonation

The Tribunal condoned a one-day delay in filing the appeal due to technical glitches and provisionally treated compliance with Section 43(5) of the Act as complete, subject to further proof of deposit.

13
Stage 12Final Ruling Order

Tribunal Order #0901126036032022-07-05-2024

The Appellate Tribunal dismissed the developer's appeals against a RERA order for refund and interest, directing that the pre-deposited amount be transferred to U.P. RERA for disbursement to the allottee.

14
Stage 13Interim Order

Tribunal Order #0901126036032022-15-05-2023

The Tribunal noted a deficiency in the amount deposited by the appellant and granted one week to rectify it in compliance with Section 43(5) of the Act, 2016; the matter is listed for hearing on 22.05.2023.

15
Stage 14Interim Order

Tribunal Order #0901126036032022-03-04-2023

The Tribunal condoned a one-day delay in filing the appeal due to technical glitches and provisionally treated compliance with Section 43(5) of the Act as complete, subject to further proof of deposit.

Disposal Phase

Tribunal Disposal & Final Award Ruling

The Appellate Tribunal dismissed the developer's appeals against a RERA order for refund and interest, directing that the pre-deposited amount be transferred to U.P. RERA for disbursement to the allottee. Awarded in favor of Respondent. Awarded interest rate: MCLR+1% per annum.

Disposal Winner: RespondentInterest Rate: MCLR+1% per annumStatus: Completed

Final Tribunal Order & Ruling Verdict Summary

Official Ruling Summary

The Appellate Tribunal dismissed the developer's appeals against a RERA order for refund and interest, directing that the pre-deposited amount be transferred to U.P. RERA for disbursement to the allottee.

Ruling Awarded To

Respondent

Awarded Interest Rate

MCLR+1% per annum

Interest Period

from the date of deposit of money in case the allottee wishes to withdraw from the project; and from the specified/expected date of possession in case the allottee wishes to stay in the project

Verified Tribunal DocumentationDownload Official Final Tribunal Order PDF

Statutory Sections Cited (RERA Act 2016)

Section 18(1)Section 3Section 79

Appearing Legal Counsel & Advocates

Appellant Advocate(s)

  • Manish Singh
  • Azhar Ikram

Respondent Advocate(s)

  • Siddharth Nandwani
  • Abhishek Shukla
  • Avinash Tripathi

Official RERA Tribunal Orders (3)

FINAL_ORDEROrder ID: 0901126036032022-07-05-2024

The Appellate Tribunal dismissed the developer's appeals against a RERA order for refund and interest, directing that the pre-deposited amount be transferred to U.P. RERA for disbursement to the allottee.

INTERIM_ORDEROrder ID: 0901126036032022-15-05-2023

The Tribunal noted a deficiency in the amount deposited by the appellant and granted one week to rectify it in compliance with Section 43(5) of the Act, 2016; the matter is listed for hearing on 22.05.2023.

INTERIM_ORDEROrder ID: 0901126036032022-03-04-2023

The Tribunal condoned a one-day delay in filing the appeal due to technical glitches and provisionally treated compliance with Section 43(5) of the Act as complete, subject to further proof of deposit.

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