Brokers and agents will have to ensure that, they are properly registered with the regulator under RERA.

Balance sheets can be considered as acknowledgment of debt, the judgment was delivered by a three-Judge Bench of Justice.

Hon’ble Supreme Court has held that in an application under Section 7 of the Insolvency and Bankruptcy Code, the applicant can claim the benefit of Section 14 of the Limitation Act, in respect of proceedings under the SARFAESI Act.

Hon’ble SC clarified the position of the homebuyers similar to that of a “financial creditor” under the IBC, after this the homebuyers were at a par with banks and financial institutions.

Bihar-RERA issued an interim order in a case where it froze the bank accounts of a construction company and its directors.