MREAT directed developers to refund the Forfeited Amount
MREAT directed the developers to refund the forfeited amount of Rs. 8.14 lakhs to Jagdish Patel and Pravin Patel within two months.
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Claims towards the lease of immovable property do not fall within the definition of Operational Debt under IBC
NCLAT, New Delhi Bench has held that claims towards rent of leasehold property do not fall within the definition of the operational debt under IBC.
Amount paid towards lease of immovable property not an Operational Debt- NCLAT
Claims towards rent of leasehold property do not fall within the definition of the operational debt in terms of Section 5(21) of the Insolvency and Bankruptcy Code, 2016.
What if builder does not have occupation certificate for the project?
There are such no. of cases wherein Builder does not have OC but they are offering the possession to the Home-buyers; even knowing the fact that this is an illegal act.
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.
Debtors of Alok Industries could not be located, says RP
Steps taken by the resolution professional (RP) for Alok Industries to recover trade outstanding to the tune of Rs 11,622 crore from 5,293 debtors
INTERIM RELIEFS IN ARBITRATION AND CONCILIATION ACT: A COMPREHENSIVE GUIDE
The Arbitration and Conciliation Act, of 1996, plays a pivotal role in providing a legal framework for resolving disputes outside the traditional court system.
PROJECT REGISTRATION UNDER RERA
Prior to the RERA Act coming into force, the real estate sector in India was mostly unregulated, with no standardization of business operations or transactions. Due to a lack of a legal framework, home buyers/allottees were often confronted with issues such as project delays, price increases, and poor building quality.
A COMPARISON BETWEEN EU GENERAL DATA PROTECTION REGULATION AND INDIA’S PERSONAL DATA PROTECTION BILL
India has recently made significant strides to establish itself as a leading global digital economy. But compared to other nations with sophisticated legal systems, India was in a weaker position since it lacked a strong data protection statute.
Lacunae present In India’s New Labor Codes
“Dignity of labor has to be our national duty, it has to be a part of our nature.”
EMPLOYEE STOCK OPTION PLAN
Sec 2(37) of the Companies Act, 2013 defines “employees stock option” read with Sec 62(1)(b) of the Companies Act, 2013 and Rule 12 of the Companies (Share Capital and Debentures) Rules, 2014.
STAGES OF ARBITRATION IN INDIA
Arbitration is a dispute resolution process outside the traditional court system, gaining prominence in India due to its efficiency and flexibility. The Act governing the arbitration proceedings in India namely “The Arbitration and Conciliation Act, 1996”.
EMPLOYEE STOCK OPTION PLAN
Sec 2(37) of the Companies Act, 2013 defines “employees stock option” read with Sec 62(1)(b) of the Companies Act, 2013 and Rule 12 of the Companies (Share Capital and Debentures) Rules, 2014.
What are Trademarks in India?
In India, a trademark is defined under the Trade Marks Act, of 1999. It is a recognizable mark or symbol that distinguishes the goods or services of one entity from those of others.
The Authority Of The Nclt To Review Itself
The reviewing court can reverse the original decision or amend it as needed. With the passing of time, the judiciary has been paving the way for clearing the doubt regarding the power to review and recall.
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