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By Manisha Paranjape, Bharati Shah
The NCLT in its judgment has noted that IHFL had disbursed the loan amount in the account of the Developer on the various dates.
By Sonam Mhatre, Radhika Nair
The Consumer Protection Act, 1986 was enacted to provide for better protection of the interests of consumers and for the purpose of making provision for establishment of consumer protection councils and other authorities for the settlement of consumer disputes, etc.
By Manisha Paranjape, Abhijeet Kamath
Out of these, 300 homebuyers attend a meeting of the CoC and 270 of such homebuyers, vote in favour of a particular agenda.
By Snehali Karkera, Roopali Gosar
Development of private vacant plots reserved for Municipal Retail Market by the owners.
By Divyata Badiani, Akash Chandra Jauhari
In contrast, the definition of operational debt is exhaustive in nature to mean inter alia a claim in respect of the provision of goods or services including employment.
By Manisha Paranjape, Bharati Shah
Builders often attract purchasers into buying under-construction flats by offering various arrangements and schemes with housing finance lenders to provide some relief to flat purchasers from paying heavy interest costs.
By Manisha Paranjape, Rishabh Sheth
It was also held that any further action by Dena Bank to enforce its security interest would be covered under the moratorium.
By Renjith Nair, Sonam Mhatre, Bankim Gangar
Further, it was argued by the Petitioners that the said Circular was ultra vires the provisions of the BR Act and RBI Act.
By Renjith Nair, Sonam Mhatre
It was also argued that the said Circular suffers from absence of guidelines.
By Manisha Paranjape, Shreyash Taparia, Ashay Shah
Prior to the introduction of the GST regime, service tax was not levied on transfer of development rights as the same was excluded from the definition of "service" being transfer of ‘title' in ‘immovable property', ...
By Renjith Nair, Sonam Mhatre
The Hon'ble Supreme Court observed that it is a settled principle of law that the relief of specific performance is a discretionary and equitable relief.
By Pranav Phadke
As such, the Government has been mulling for a while to resolve such issues and put an end to endless litigations as well as resolve the grievances faced by the Occupants
By Shreyash Taparia, Ashay Shah
Providing massive relief to home buyers, the 33rd GST Council meeting on Sunday, 24th February, 2019, lowered the GST rate on under-construction houses to 5% (five percent) from the earlier 12% (twelve percent).
By Sagar Maru, Rishabh Sheth
B2C e-commerce, that is multi-brand retail through inventory based model, has all along remained prohibited for FDI.
By Malavika Menon, Shambhawi Sinha
The incumbent government in its interim budget presented on 1st February 2019 has raised the gratuity limit to Rs. 30 Lakhs.