It took 2 years to India to moves one spot up from 36th to 35th in the global real estate sector, despite the RERA Registration Act.
Occupancy Certificate has been obtained & Completion Certificate has been/ is to be applied/ obtained– Registration of project under RERA is not applicable
In the hue and cry of registration process after the implementation of RERA many builders were unable to provide all the documents and information while getting the project registered.
As part of updating its registry, MCA would be conducting KYC of all Directors of all companies annually through a new eform viz. DIR-3 KYC to be notified and deployed shortly.
Section 248 of the companies Act 2013 deals with suo-motu removal of name of the companies from the register of companies maintained by Company registrars.
This is not compulsory that all RERA registered projects are investment worthy ,there are many projects registered under RERA on which investing money will become the worst decision of your life.
The RERA department of Gujarat government is working to give the practical shape of RERA Rules what is meant to be.
HRERA: Haryana RERA had imposed a penalty of rupees 5 Lakh on Parsvnath Developers for not following its orders.
First arrest under the RERA. Anil Mithas, the promoter of IVR Prime IT Private Limited, was arrested on Friday after he failed to pay to the administration.
Section 248(1) of Companies Act 2013 provided for suo moto power of ROC to struck off the company name If registrar has reasonable cause to believe.