RERA is the preferred authority in the eyes of Home-Buyers
RERA now has become the most preferred authority where the aggrieved home-buyers can reply upon for the redressal of their grievances.
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RajRERA: Constitution of RERA authority and appellate tribunal
To avoid financial burden, the RERA has decided not to set up a permanent appellate tribunal. On same reasons set up for food safety was hearing RERA cases.
Difference between NCLT and DRT
A detailed article on NCLT and DRT and the difference between them and how can corporate bodies approach NCLT against their borrowers/debtors.
Review Maharashtra RERA project completion rules: Bombay High Court
Bombay High Court (File photo)MUMBAI: The Bombay High Court has passed a remark, while dismissing builders’ plea against the constitutional validity of RERA, that Maharashtra’s RERA rules need to be changed after taking “a fresh survey of the rules. The remark was made with reference to Section 6(a) of the Maharashtra Rules 2017 that refers to grant or rejection … Continue reading “Review Maharashtra RERA project completion rules: Bombay High Court”
Bombay HC dismissed the plea of builders against constitutional validity of RERA
Recently, Bombay High Court reviewed the project completion rules under Maharashtra Real Estate Regulation and Development Act (MahaRERA). A remark has been passed while dissolving builder’s plea against the constitutional validity of RERA that MahaRERA Rules need to be changed. The remark was made with reference to Section 6(a) of the Maharashtra Rules 2017 that … Continue reading “Bombay HC dismissed the plea of builders against constitutional validity of RERA”
Alternative Dispute Resolution
Alternative dispute resolution (ADR) refers to the different ways people can resolve disputes without a trial. Common ADR processes include mediation, arbitration, and neutral evaluation.
Litigation Costs: Understanding the Expenses of Legal Battles
In the realm of the law, disputes between individuals, businesses, or organizations often lead to court cases. These legal battles, known as litigation, are essential for resolving conflicts and upholding justice.
SC’s Power to Review Its Own Judgments – Art.142
The Supreme Court of India is the highest court in the country and has the power to review its own judgments. This power is derived from Article 142 of the Constitution, which states that the Court may pass such decree or make such order as is necessary for doing complete justice in any cause or matter pending before it.
Writ Jurisdiction for Supreme Court
A person has the fundamental right to lodge a complaint or grievance to the court regarding any administrative action. The protection of fundamental rights and the assurance of natural justice are the two most important aspects of writ jurisdictions.
AN OVERVIEW OF COMMERCIAL COURTS
Commercial Law Act, 2016, came into force on 23.10.2015. Wherein the Act had limited the specific value of the suit to not less than Rupees One crore and the commercial courts were established at all the District levels.
Legal Remedies For Cheque Bounce
Cheque bounce is a criminal offence stipulated under Section 138 of the Negotiable Instruments Act, 1881. The aggrieved party can file a criminal as well as a civil case against the accused who must have had a legal obligation to repay the amount.
Non-Bailable Warrant under section 138 in Negotiable Instrument Act, 1881
The legal authority to issue a non-bailable warrant if it is required to assure or force the appearance of the accused in a cheque bounce case under Section 138 of the Negotiable Instruments Act, 1881.
NCLT’s discretion while admitting Section 7 Applications– A Vidarbha Judgement Outlook
An application filed to initiate CIRP against the petitioners under Section 7(2) of the IBC Vidarbha Industries Power Limited v. Axis Bank Limited.
Interim Finance – A Source of Operational Funding under IBC
interim finance can be raised by the resolution professional appointed by the National Company Law Tribunal (NCLT). The resolution professional is authorized to raise interim finance after obtaining approval from the Committee of Creditors (CoC).
Procedure in Summary Suit
The summary suit is a unique legal procedure used for enforcing a right in an efficacious and efficient manner. This is a procedure used for enforcing a right that takes effect faster than ordinary suits as unlike in ordinary suits the courts do not hear the defense.
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