| 02-Dec-2022 |
DISPOSED |
Order pronounced.
Assured return is allowed.
Detailed order will follow. Matter stands disposed off. File be
consigned to the registry. |
VIJAY KUMAR GOYAL ASHOK SANGWAN SANJEEV KUMAR ARORA |
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| 28-Oct-2022 |
PENDING |
present complaint has
been received on 20.12.201 and the reply was received on 21.07.2022.
Succinct facts of the case are as under:
S.no.
Particulars
Details
1.
Name of the project
High Street, Inxt City
Center, Gurugram, Haryana
2.
Allotment letter
19.06.2017 (page 45 of
complaint)
3.
Date of
builder buyer agreement
Not executed
4.
Unit no.
134, first
floor admeasuring 1125 sq.ft. (page 45
of complaint)
7.
Provision regarding
assured return
4.
The
developer shall remit an assured monthly return of RS. 92.16 per sq.ft. till
completion of the building. It is stated that the project is in advance
stages of construction and the developer based on its present plans and
estimates and subject to all just exceptions, contemplates to complete
construction of the said building/said commercial unit soon.
5. The Allottee authorizes the developer to lease out
the said unit, which is part of the commercial complex(mention name of the
project) and agrees that the obligation of the developer shall be to lease
the said unit along with the other commercial spaces in the commercial
complex. The developer shall lease the unit along with the premises @RS.
100/- per sq.ft. However, in the eventuality the achieved lease return being
higher or lower than Rs. 100/- per sq.ft. the following would be applicable.
a.
If the
achieved rental is less than Rs. 100/- per sq.ft. then you shall be refunded
@Rs. 133.33/- per sq.ft. for every Rs. 1/- by which achieved rental is less
then Rs. 100/- per sq.ft.
b.
If the
achieved rental is more then 100/- per sq.ft. shall be liable to pay
additional sales consideration @Rs. 66.67/- per sq.ft. for every rupee of
additional rental achieved.
8.
Due date of possession
Cannot be
ascertained
10.
Total sale
consideration
Rs. 48,90,375 (page 41
of complaint)
11.
Paid up amount
Rs. 48,90,375 (page 43
of complaint)
12.
Offer of possession
Not offered
13.
Occupation certificate
Not obtained
The counsel for the
respondent requests for placing on record a copy of order passed by Additional
Civil Judge (Sr. Div.) Gurugram dated 19.04.2022 wherein it has been held
that assured return cannot be paid in
view of BUDS Act till the concerned company registers itself with SEBI for
being part of collective investment scheme or satisfied the court for the
requirement of being part of regulated deposit scheme within the provisions of
BUDS Act. Further a copy of the order of Hon’ble J&K High Court is also being
placed on the file. The counsel for the
respondent is directed to supply a copy of the same to the counsel for the
complainant.
However, the counsel for
the complainant while disputing the relevance of above orders in the claim of
complaint under Act of 2016 and further states that the authority vide a
detailed order in complaint titled as Vinod
Agarwal versus Vatika Ltd. has passed a detailed
order on the rights of assured return and the complainant also seeks the relief
of assured return in terms of that order.
Arguments heard.
Order reserved.
Matter to come up on 02.12.2022 for pronouncement of orders. |
VIJAY KUMAR GOYAL ASHOK SANGWAN SANJEEV KUMAR ARORA |
View Order |
15-Nov-2022 |
| 20-Jul-2022 |
PENDING |
The present complaint was filed on 20.12.2021
and registered as complaint No. 4922 of 2021. As per the registry,
complainant has sent copy of complaint along with annexures through speed post
as well as through email and proof regarding having the delivery of the
complaint along with annexures made to the respondent has been submitted by the
complainant as available in the file.
The registry of the authority sent a notice with a copy of the complaint
along with annexures through speed post of which delivery confirmed on 27.12.2021
as per the tracking report of the speed post available in the file. Registry has also sent the notice along with
a copy of the complaint through email at following email address: virendhar@vatikagroup.com
and the same is shown to have been delivered on the above email
address as per the report available in the file. It is proper service of the notice.
On last date of hearing Sh. Venkat Rao
advocate has appeared on behalf of the respondent and requested an adjournment
for filing reply. The request of the respondent counsel was allowed and counsel
for respondent was directed to file reply subject to cost of Rs. 5000/- to be
paid to the complainant.
Neither any reply filed nor any cost paid by
the respondent till date.
The counsel appearing on behalf of the
respondent has stated at bar that the reply is ready and is being supplied to
the complainant and is being submitted in the registry. He is directed to file the reply in the
registry within two days with an advance copy to the complainant by tomorrow
positively. Costs of Rs.5,000/- imposed
on the previous date of hearing has been paid by the respondent to the
complainant today in cash.
In case the reply is not supplied to the
complainant within the stipulated period then the complainant may file an
application in the authority for non-filing of reply by the respondent and for which further cost of
Rs.10,000/- shall be payable to the
complainant by the respondent.
Matter to come up on 28.10.2022 for final arguments. |
K K KHANDELWAL VIJAY KUMAR GOYAL |
View Order |
23-Jul-2022 |
| 12-Apr-2022 |
PENDING |
The present complaint was filed on 20.12.2021
and registered as complaint No. 4922 of 2021. As per the registry,
complainant has sent copy of complaint along with annexures through speed post
as well as through email and proof regarding having the delivery of the
complaint along with annexures made to the respondent has been submitted by the
complainant as available in the file.
The registry of the authority sent a notice with a copy of the complaint
along with annexures through speed post of which delivery confirmed on 27.12.2021
as per the tracking report of the speed post available in the file. Registry has also sent the notice along with
a copy of the complaint through email at following email address: virendhar@vatikagroup.com
and the same is shown to have been delivered on the above email
address as per the report available in the file. It is proper service of the notice.
Written reply has not been filed by the
respondent till date. The counsel for
the respondent requests for a short adjournment for filing of the reply. The respondent is directed to file reply
within two weeks i.e. by 30.04.2022 in the registry with a copy to the
complainant subject to payment of Rs.5,000/- as costs to be paid to the
complainant. This is the last opportunity
and in case reply is not filed within
the time allowed, the defense of the respondent shall be struck off and case
shall be proceeded against exparte.
Matter to
come up on 20.07.2022 for further proceedings. |
K K KHANDELWAL VIJAY KUMAR GOYAL |
View Order |
13-Apr-2022 |
| 02-Feb-2022 |
FIRST HEARING |
The present complaint was filed on 20.12.2021 and registered as complaint
No. 4922 of 2021. As per the registry, complainant has sent copy of
complaint along with annexures through speed post as well as through email and
proof regarding having the delivery of the complaint along with annexures made
to the respondent has been submitted by the complainant as available in the
file. The registry of the authority sent
a notice with a copy of the complaint along with annexures through speed post
of which delivery confirmed on 27.12.2021 as per the tracking report of
the speed post available in the file. Registry has also sent the notice
along with a copy of the complaint through email at following email address: virendhar@vatikagroup.com
and the same is shown to have been delivered
on the above email address as per the report available in the file. It is proper service of the notice.
Counsel for the respondent
request adjournment for filing reply.
Respondent is directed to file reply within two weeks i.e. by 17.02.2022
in the registry with a copy to the complainant. Last opportunity is being
granted. In case reply is not filed within the time allowed, the defense of the
respondent may struck off.
The matter to
come up on 12.04.2022 for further proceedings |
K K KHANDELWAL VIJAY KUMAR GOYAL |
View Order |
18-Feb-2022 |