Role of banks for complying with the provision of maintenance of separate bank account
The RERA Authority has asked the banks to issue necessary directions to all the officials of the Banks to strictly comply with the provisions.
Search Results for: action against the promoters
Developers refraining from registering with RERA
It’s been around 2 years of implementation of the RERA Act, various developers have failed to get their projects to register with their respective RERA Authorities.
RERA Orders remain on Paper
The authorities of most of the states have passed numerous orders but none of them have been executed in reality. The orders remain on paper and developer/ promoters have not complied the order.
Effect of Moratorium on Personal Properties of the Promoter given as Security
Only those properties in the name of the corporate debtor shall come under the purview of the moratorium and not the personal properties in the name of the corporate debtor.
HRERA: Buyers of abandoned project have superior right to satisfy claims
Aggrieved homebuyers from the Piyush colonizer esteemed developer in the past started a housing project in the City of Faridabad, approached the HRERA bench stating their grievance.
RERA: No advertisement of the project without RERA Registration
Issues arise that if the project is a new project then it is mandatory for the promoter to get it registered before marketing the same. But what if the project is an ongoing project?
GujRERA: RERA Complaint Redressal in Gujarat
The Gujarat RERA has been able to solve the grievances of more than 65 Complainants by disposing off their cases in fast track manner within a tenure of one year only.
All about RBI diktat in invoking Insolvency Resolution
Reserve Bank of India Governor Urjit Patel put his signature to a historic order for recovering over Rs 3 lakh crore from the top 12 defaulters, just 10% is in banks
Insolvency and Bankruptcy Code, 2.0 can be expected to be introduced soon
The ministry of corporate affairs is readying what many believe to be IBC 2.0. The ordinance recommended by the Union Cabinet on Wednesday was part of the plan.
BiharRERA : RERA authority issues show-cause notice to the builders
Bihar RERA Authority has issued a show cause notice to four companies in collaboration with Agrani group, a real estate company, for non compliances with the provisions of the act.
RERA: Conceptualization of Transparency & Efficiency in Real Estate Sector
A true picture of RERA shows that RERA is an all – embracing protector and promoter of the real estate sector including the developers and real estate agents.
MAHA RERA- Leading by setting examples
Till date MAHA RERA has disposed approx. 850 complainants and in majority the aggrieved home buyers got the relief.
Some important points decided by UP RERA
In this detailed articled we are sheding some lights on some of the important points decided by UP RERA.
‘RERA well-equipped to deal with homebuyers trouble’, No scope for builder’s Fraud
H-RERA: K Khandelwal, the recently designated chairperson of Gurgaon seat of Haryana Real Estate Regulatory Authority (H-RERA),
Supreme Court stays NCLT order allowing government to take control of Unitech
New Delhi: The Supreme Court on Wednesday stayed an order of the National Company Law Tribunal (NCLT) that allowed the government to take control of troubled builder Unitech Ltd by suspending its board. “NCLT should not have passed the order. We direct the stay of the order dated 8 December,” said Chief Justice Dipak Misra. The … Continue reading “Supreme Court stays NCLT order allowing government to take control of Unitech”
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