Skip to content
  • +91 - 011 - 4607 4008
  • support@centrik.in
Login / Register
Centrik
MENUMENU
  • ABOUT US
    • Our Team
  • SERVICES
    • Government Advisory
      • Grievance Redressal
      • Government License
      • Project Funding
    • Legal Advisory
      • Authentic Legal Advice
      • Legal Outsourcing
      • Corporate Litigation- All In Way
    • Tax Advisory
      • All About GST
      • Tax Planning
      • Tax Litigation
      • Tax Refund
    • Business Advisory
      • All For Startup
      • CCM
      • Registration And Compliance
      • Benchmarking
    • Cross Border Advisory
      • Go Global
      • Invest In India
  • RERA
    • What is RERA?
    • RERA for Developers
    • RERA Complaints
    • RERA Litigation
    • RERA CASE LAWS
    • State-Wise RERA
    • RERA for Agents
  • IBC & DEBT MANAGEMENT
    • What is IBC?
    • What is Debt Recovery?
    • IBC for Creditors
    • IBC for Homebuyers
    • IBC for Corporate Debtor
    • How to Initiate IBC Proceedings
    • Become a Resolution Applicant
    • IBC CASE LAWS
    • Engagement Model
    • Why choose us?
  • RESOURCES
    • Blogs
    • Updates
    • We Are Hiring
  • CONTACT US
Submit Free Query

Blogs - Shriya.mehta, Author at Centrik

CentrikArticles by: Shriya.mehta

Author: Shriya.mehta

Corporate Debtor cannot be blamed for delay in delivery of possession when delay occurs due to Force Majeure

Posted by Shriya.mehtaPosted on March 10, 2020March 12, 20200 CommentsCategories Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016Tags Corporate Debtor cannot be blamed for delay in delivery of possession, Corporate Debtor defaulted in delivering the possession, corporate debtor under IBC, Corporate Debtor under NCLT, delay in delivering possession is due to the Corporate Debtor, Developer failed to deliver the possession, Financial Creditor terminated the Agreement, proposed time for handing over the possession, Recovery of Money, refund of the total amount, Who is Corporate Debtor

Whether the delay in delivering possession is due to the Corporate Debtor & in case the delay is not due to the Corporate Debtor, but force majeure, it cannot be alleged that the Corporate Debtor has defaulted in delivering the possession.

0
Read More

Interest for Delayed Period of Possession to be calculated from date of default of Handing over Possession

Posted by Shriya.mehtaPosted on March 7, 2020March 8, 20201 Comment on Interest for Delayed Period of Possession to be calculated from date of default of Handing over PossessionCategories RERA ConsultingTags Allottee can claim recovery of interest of delayed period of possession, complaint against promotor before MahaRERA, delay in handing over the possession, Delay in Possession, possession is handed over to allottee, promoter failed to hand over possession of flat, promotor agreed to hand over possession of flat, recovery of interest of delayed period of possession, registered agreement for sale

The promoter is under obligation to pay interest on the amount paid by allottee from the date of payment till the possession is handed over to allottee.

1 Comment on Interest for Delayed Period of Possession to be calculated from date of default of Handing over Possession
Read More

No bar to Initiate Insolvency Proceedings pendency the action under SARFAESI Act or RDBFI Act

Posted by Shriya.mehtaPosted on March 6, 20200 CommentsCategories Debt Recovery Management, Insolvency & Bankruptcy Code 2016Tags corporate debtor under IBC, Initiate Insolvency Proceedings pendency, Insolvency Proceedings pendency the action under SARFAESI Act, proceeding under Recovery of Debts, provisions of Moratorium, Recovery of Debts, Recovery proceedings, resolution process of corporate debtor

The pendency of actions under the SARFAESI Act or actions under the RDDBFI Act, 1993 does not create an obstruction for applying Section 7 of Insolvency and Bankruptcy Code 2016, especially given Section 238 of IBC.

0
Read More

MREAT allowed delay of 14 months and 22 days to allottees

Posted by Shriya.mehtaPosted on March 5, 20200 CommentsCategories RERA ConsultingTags complaint before MahaRERA, delay in filing an appeal, execute and register agreements for sale, filing of an application for non-compliance of the order before MahaRERA, MREAT allowed delay, no date of handing over possession, order passed by MahaRERA

In the matter of Mr. Anil Mnagaldas Vade & ors. vs. Siddhitech Developers, the delay in filing an appeal u/s 44 of RERA Act, MREAT allowed delay of 14 months & 22 days to homebuyers.

0
Read More

Claim amount towards interest on loan alone cannot be termed as Operational Debt

Posted by Shriya.mehtaPosted on February 29, 20200 CommentsCategories Insolvency & Bankruptcy Code 2016Tags Best Insolvency Professionals in Mumbai, Claim amount of interest on loan, File an appeal to NCLT, initiate CIRP against the corporate debtor, Insolvency Professionals in Mumbai, interest on delayed payment, NCLT Bench Mumbai, NCLT Mumbai, operation debtor under IBC, Operational debt under IBC in India, rejected petition under NCLT Bench

A pre-existing dispute towards interest on the delayed payments before the issuance of the demand notice and that the alleged claim amount towards interest on loan alone, cannot be termed as an “Operational Debt”.

0
Read More

MREAT directed developers to refund the Forfeited Amount

Posted by Shriya.mehtaPosted on February 28, 2020February 29, 20200 CommentsCategories RERA ConsultingTags Best RERA lawyers in Mumbai, directed developers to refund amount, file a complaint under MahaRERA for recovery, legal notice to the developers for recover money, Maharashtra RERA, order passed by MahaRERA, order to refund the amount, RERA in Maharashtra

MREAT directed the developers to refund the forfeited amount of Rs. 8.14 lakhs to Jagdish Patel and Pravin Patel within two months.

0
Read More
Loading

Blogs

  • All About GST
  • All For Startup
  • Authentic Legal Advice
  • Benchmarking
  • Business Advisory
  • Corporate Litigation-All In Way
  • Cross Border Advisory
  • Debt Recovery Management
  • Go Global
  • Government Advisory
  • Grievance Redressal
  • Insolvency & Bankruptcy Code 2016
  • Invest In India
  • Legal Advisory
  • Legal Outsourcing
  • Project Funding
  • Registration And Compliance
  • RERA Consulting
  • Tax Advisory
  • Tax Litigation
  • Tax Planning
  • Tax Refund
  • Tender Servicing

centrik-small
CentrikTM is a team of highly experienced professionals and advisors including bureaucrats, ex-government officials, advocates, bankers and other experts who provide key consulting, government liaisoning and advisory services, under one roof.

Read More

Quick Links

  • About Us
  • Contact Us
  • Our Experts
  • Become An Expert
  • Updates
  • Blogs
  • Submit Query
  • Subscribe To Newsletter

Latest Blogs

  • UP RERA missing the mark in securing Recovery Certificates December 28, 2020
  • Villagers take over Today Homes Canary Greens project in Gurugram December 28, 2020
  • UPRERA swings into action- Clears backlog of 2400 cases vide online hearing December 19, 2020
  • Banks cannot auction defaulting projects without allottees’ consent- HARERA December 16, 2020
  • RERA requests RBI to Restructure Promoter’s Business Loans for Revival of Real Estate Sector December 14, 2020

Terms

  • Disclaimers
  • Privacy Policy
  • Terms & Conditions

Call Us

Phone: +91 - 011 4607 4008

Address

705, 7th Floor, Pragati Tower 26, Rajendra Place, New Delhi, India – 110008

Email

support@centrik.in

Copyright ©2016-17 Centrik. All Rights Reserved

Submit Your Query

Get Started

Create New Query

WhatsApp join For Updates