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Blogs - Insolvency Professional, RERA Experts

CentrikArticles by: Admin

Author: Admin

Insolvency Proceedings Limited to Individual Project and not other Projects of Real Estate Company: NCLAT

Posted by AdminPosted on May 7, 2020May 19, 20200 CommentsCategories Insolvency & Bankruptcy Code 2016Tags CIRP against Real Estate Company, Corporate Debtor under NCLT, Corporate Insolvency Resolution Process against the Real Estate Company, homebuyer filed petition against promoter, impact of IBC proceedings during Covid-19, insolvency proceedings, insolvency proceedings initiated by Financial Institutions, insolvency proceedings initiated by Homebuyers, petition filed before the NCLT, reverse corporate insolvency process

The NCLAT held that CIRP against Real Estate Company shall be limited to Project concerned and will not affect other projects of the developers.

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Karnataka RERA sets up conciliation cell to settle disputes between Builders and Buyers

Posted by AdminPosted on April 15, 2020April 19, 20200 CommentsCategories RERA ConsultingTags Best RERA Lawyers in Karnataka, conciliation process by filing an online application, dispute to the adjudicating officer, disputes between builders and buyers, filing a complaint with the RERA authority, Karnataka RERA, Process for Conciliation, settlement between builders and home-buyers, speedy redressal of dispute

Under this forum, the aim is for the home buyers, builders or real estate agents to get their grievances amicably resolved before filing a complaint with the RERA authority.

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LokSabha Clears Heavily Contested IBC Amendment Bill 2020

Posted by AdminPosted on March 11, 2020March 12, 20200 CommentsCategories Corporate Litigation-All In Way, Debt Recovery Management, RERA ConsultingTags CIRP under IBC, corporate debtor under IBC, Financial Creditor can file an application for initiating CIRP under IBC, Homebuyers against the ordinance, IBC Amendment Bill 2020, provisions under IBC, Recovery proceedings, remedies under the IBC, RERA and IBC, rights under the IBC

The LokSabha passed the IBC (Second Amendment) Bill 2019, which was first introduced by the Finance Minister Nirmala Sitharaman on 12 December 2019.

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Homebuyers approach parliamentary committee against ordinance infringing their rights to approach NCLT

Posted by AdminPosted on February 21, 2020February 21, 20200 CommentsCategories RERA ConsultingTags cases pending before the NCLT, corporate insolvency process, Homebuyers can approach NCLT, Homebuyers Financial Creditors, proceedings under IBC against Builder, proceedings under the IBC, remedies available for homebuyers against errant builders, remedies under Consumer Protection Act, Remedies under RERA, rights of Homebuyers as Financial Creditors, rights to approach NCLT

Forum for People’s Collective Efforts, has approached the parliamentary standing committee on finance with its objection to a proposed amendment to the Insolvency and Bankruptcy Code.

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Revival of Construction Project from Insolvency

Posted by AdminPosted on December 30, 20190 CommentsCategories Insolvency & Bankruptcy Code 2016, Legal AdvisoryTags case of liquidation, Financial Creditors under the IBC, homebuyers approaching NCLT, IBC, IBC under NCLT, NCLT, NCLT under IBC, projects under insolvency proceedings, revival and completion of Project, Revival of Construction Project, revival of Project being declared Insolvent, What is Insolvency

This article aims to caution and summarize the Corporate Insolvency Resolution Process with respect to buyers seeking revival and completion of Project.

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Properties of Promoters attached by HRERA to Ensure Completion of Stalled Projects

Posted by AdminPosted on December 2, 2019December 9, 20190 CommentsCategories Insolvency & Bankruptcy Code 2016, RERA ConsultingTags attachment of properties by HRERA for Execution, Completion of Greenpolis Stalled Project, insolvency proceedings as financial creditors, Order by HRERA

The HRERA once more in a distinctive and groundbreaking feat attached the properties of the Developer to secure funds to ensure the completion of the Greenopolis Project.

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NCLAT offers fresh lease of life to thousands of homebuyers with Jaypee Order

Posted by AdminPosted on September 21, 2019October 1, 20190 CommentsCategories Authentic Legal Advice, Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016, Legal AdvisoryTags aggrieved homeowners, Creditors, Homebuyers, HOMEBUYERS WITH JAYPEE ORDER, IBC, IRP, Jaypee Infratech Limited, NBCC's, NCLAT, NCLT, Resolution Plan, Suraksha Realty Limited

In a recent order given by the NCLAT, thousands of homebuyers have been given a fresh lease of life as the appellate body has ordered fresh round of …

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Revised RERA Regulation by Gurugram RERA for project Registration

Posted by AdminPosted on March 8, 2018March 9, 20180 CommentsCategories Authentic Legal Advice, Grievance Redressal, RERA ConsultingTags Documents required for project Registration under Gurugram RERA, Gurugram RERA, Gurugram RERA for project Registration, Panchkula RERA, RERA in Haryana, Revised RERA Rules for Gurugram

The Gurugram RERA has prescribed the revised RERA regulations for RERA project RERA registration in Gurugram, We have briefed the revised the requirement.

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Major Changes in Haryana RERA till Feb, 2018- A Brief

Posted by AdminPosted on March 6, 2018March 7, 20180 CommentsCategories Authentic Legal Advice, Business Advisory, RERA ConsultingTags Changes in Haryana RERA, filing RERA complaint by buyers, Haryana RERA, HRERA, Panchkula RERA, RERA Gurugram, RERA in Panchkula, RERA registration of the Real estate agent

We are sharing some of the important change in the RERA in Haryana, which may have a direct bearing on your project or property in Haryana.

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Revised RERA Regulation for project Registration under Haryana RERA

Posted by AdminPosted on February 23, 2018February 23, 20180 CommentsCategories Authentic Legal Advice, Corporate Litigation-All In Way, Debt Recovery Management, Legal Advisory, Legal Outsourcing, Project Funding, RERA ConsultingTags Haryana RERA, Ongoing Project Under Haryana RERA, RERA News and Updates, revised RERA forms, Revised RERA regulations for project registration

Haryana RERA has notified revised RERA regulations and revised form REP -1 for project registration for Haryana which differ from the original form and requirement. Here is the summary

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Why Real Estate Agent Require RERA Registration? A comprehensive RERA FAQs

Posted by AdminPosted on July 22, 2017August 30, 20175 Comments on Why Real Estate Agent Require RERA Registration? A comprehensive RERA FAQsCategories Legal Advisory, Legal Outsourcing, RERA ConsultingTags penalty under RERA, RERA FAQs, RERA Registration for Brokers, RERA registration for property dealer, RERA Registration in Haryana

Covering those issues regarding RERA registration of Real Estate, we have prepared some FAQs which would clear the major of doubts.

5 Comments on Why Real Estate Agent Require RERA Registration? A comprehensive RERA FAQs
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RERA Registration in Gurgaon

Posted by AdminPosted on July 3, 2017January 10, 201810 Comments on RERA Registration in GurgaonCategories Business Advisory, RERA ConsultingTags RERA in gurgaon, RERA in Gurugram, RERA in Haryana, RERA registration in Gurgaon

Being the hub of development and fast growing city, Gurgaon needs separate analysis of RERA Registration in Gurgaon, which is as under;

10 Comments on RERA Registration in Gurgaon
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RERA Registration in Noida

Posted by AdminPosted on July 1, 2017August 30, 201726 Comments on RERA Registration in NoidaCategories Business Advisory, Grievance Redressal, RERA ConsultingTags RERA fees in Noida, RERA in Noida, RERA registration in Noida

Having its own fast growth and real estate charm, Noida deserve a separate analysis of RERA registration requirement stating related State Regulations, which is as under;

26 Comments on RERA Registration in Noida
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RERA Registration in Lucknow

Posted by AdminPosted on July 1, 2017August 30, 20176 Comments on RERA Registration in LucknowCategories Business Advisory, Registration And Compliance, RERA ConsultingTags RERA in Lucknow, RERA registration fees, RERA-Registration

Being one of the hubs in real estate projects, Lucknow deserve a separate analysis of RERA Registration in Lucknow, which is as under;

6 Comments on RERA Registration in Lucknow
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RERA registration for Existing Projects in Maharashtra

Posted by AdminPosted on June 19, 2017June 21, 20170 CommentsCategories Grievance Redressal, RERA ConsultingTags Projects Under RERA, Real Estate, RERA Consulting, RERA-Registration

The real Estate projects that are ongoing and have not received completion certificate or occupancy certificate, on the date of commencement of the Act, i.e. 01/05/2017, the respective promoter shall be required to get registered with RERA

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