Important compliances for private limited company

It is often said that one major disadvantage of a company structure is that there are more compliances. The cost of non-compliance is always more than the cost of compliance.

Statutory Compliance under RERA Act, 2016

The provisions were not sufficient to render punishment to the developer and the builder for misconducting and breaching the terms and conditions of the builder buyer agreement in the long run.

Are you a promoter puzzled with MahaRERA Compliances?

MahaRERA has been a model for other states. Recently, its proved again when suo motu action was taken for the first time against large group of promoters.

Karnataka RERA Compliance for Builders

States were directed to establish a regulatory authority, whose work was to overlook the registration process and ensure compliance of the policies of the state.

MahaRERA: RERA Authority is very strict on the RERA Compliance part by the Builders

Being the leading State MAHARERA is very strict on the builders as far as the RERA compliances are concerned, in Maharashtra, a promoter should update the progress report of the project on the MAHARERA website

UP-RERA Penalises Supertech, Mahagun and other Projects and Revokes the Third Project of Ansal API

UP-RERA has taken this step to ensure that homebuyers’ interests are effectively protected and that the RERA Act’s provisions are followed.

Corporate Social Responsibility Mandates in India: A Legal Overview

Corporate Social Responsibility (“CSR”) has become an integral part of corporate governance globally, and India is no exception. With the enactment of the Companies Act, 2013, India introduced mandatory CSR provisions, making it one of the few countries to legally mandate CSR spending for certain companies. This article provides an overview of CSR mandates in … Continue reading “Corporate Social Responsibility Mandates in India: A Legal Overview”

Sahara India Case in Light of New SEBI Circular: A Paradigm Shift in Market Regulation

The Sahara India case has long been a focal point in India’s financial landscape, marking a complex legal saga that traversed regulatory, judicial, and public spheres. Now, against the backdrop of a new circular issued by the Securities and Exchange Board of India (SEBI), the ramifications of this landmark case are being revisited, offering insights … Continue reading “Sahara India Case in Light of New SEBI Circular: A Paradigm Shift in Market Regulation”

GLIMPSE OF DATA PROTECTION ACT

Data Protection Act passed in the Rajya Sabha dated 09.08.2023. The Act came into effect on 11th August 2023. The Act will be applicable to the handling of digital personal data processed in India, whether the data is obtained online or offline and then converted to digital form.