Builders in Uttar Pradesh will be charged under UP Gangsters and Anti-Social Activities (Prevention) Act, 1986 for the muddling with the money of homebuyers and not adhering with the laws.
UP RERA notifies editing process and fees for all registered projects
UP RERA has notifies the process & fees for editing the registration information and details provided at the time of RERA project registration.
UP RERA provides procedure and timelines for updating Quarterly Progress Report
UP RERA has notified the process of filing Quarterly Progress Report on the RERA website as required by Section 11 sub-clause 1, of the RERA Act, 2016.
Overall scheme of the Insolvency and Bankruptcy Code
An Insolvency and Bankruptcy Board of India (IBBI) will be established. This Board (IBBI) will oversee the work of Insolvency and Bankruptcy of corporate persons, firms and individuals.
RBI’s February Circular-Stressed Asset Resolution
The RBI’s February 12 circular on non-performing loans has stirred a hornet’s nest. Banks, India Inc and even the government are opposed to it and are vigorously lobbying the central bank
How to verify whether the state covers such project under the ambit of RERA
The projects which received completion certificate prior the commencement of the Act are not required to register.
Pagdi buildings falls under the ambit of RERA or not
Maharashtra Government has decided to bring in tenanted or cessed buildings under RERA. The motive to include these building under RERA ambit is to provide protection to the consumers
Class Action Complaints under the Consumer Protection Act, 1986
As per the judgment of the NCDRC, class action complaint can be filed under the Consumer Protection Act, 1986 and it is not necessary for all the aggrieved persons to file separate complaints.
What are the Duties of Liquidator
The duties of liquidator have been elaborately mentioned in this article to make aware about his position as an Officer.
Powers and Fees of liquidation professional as liquidator
Their powers are extensive and under their purview the liquidation process of a corporate person is carried out.
Appointment of Liquidator and his fees- Recovery of bad debts
Liquidation of Corporate Persons can also be considered as an effective method of recovering bad dues. Lately Insolvency Code has taken a trend in the business sector.
Replacement of resolution professional as liquidator
In this article we have briefly discussed about how replacement of resolution professional as liquidator is carried out.
Liquidation of Corporate Person- A way to recover bad debts
In this article we have discussed about liquidation, its initiation, contents and when Adjudicating Authorities can pass an order for it.
Can an allottee who did not urge earlier later on withdraw from the project?
In the course of implementation of RERA Act 2016, the Authorities face various unique challenges in deciding over the question of law or question of fact every day.
Recent RERA Developments in Karnataka
Building customer trust and making the sector more organized and disciplined was another objective of Real Estate Regulation Act. Bengaluru takes another initiative to meet such objective.
join For Updates