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By Manisha Paranjape, Bharti Shah
Builders often attract purchasers into buying under-construction flats by offering various arrangements and schemes with housing finance lenders to provide some relief to flat purchasers from paying heavy interest costs.
By Manisha Paranjape, Rishabh Sheth
It was also held that any further action by Dena Bank to enforce its security interest would be covered under the moratorium.
By Renjith Nair, Sonam Mhatre, Bankim Gangar
Further, it was argued by the Petitioners that the said Circular was ultra vires the provisions of the BR Act and RBI Act.
By Renjith Nair, Sonam Mhatre
It was also argued that the said Circular suffers from absence of guidelines.
By Manisha Paranjape, Shreyash Taparia, Ashay Shah
Prior to the introduction of the GST regime, service tax was not levied on transfer of development rights as the same was excluded from the definition of "service" being transfer of ‘title' in ‘immovable property', ...
By Renjith Nair, Sonam Mhatre
The Hon'ble Supreme Court observed that it is a settled principle of law that the relief of specific performance is a discretionary and equitable relief.
By Pranav Phadke
As such, the Government has been mulling for a while to resolve such issues and put an end to endless litigations as well as resolve the grievances faced by the Occupants
By Shreyash Taparia, Ashay Shah
Providing massive relief to home buyers, the 33rd GST Council meeting on Sunday, 24th February, 2019, lowered the GST rate on under-construction houses to 5% (five percent) from the earlier 12% (twelve percent).
By Sagar Maru, Rishabh Sheth
B2C e-commerce, that is multi-brand retail through inventory based model, has all along remained prohibited for FDI.
By Malavika Menon, Shambhawi Sinha
The incumbent government in its interim budget presented on 1st February 2019 has raised the gratuity limit to Rs. 30 Lakhs.
By Nikhil Khurana, Nisarg Mehta
Interestingly, the Resolution Applicant also filed an application for withdrawal of the Resolution Plan before the NCLT
By Shreyash Taparia, Ashay Shah
In a recent judgment, the National Company Law Appellate Tribunal, New Delhi provided a clarification with regard to Section 5(8) and Section 7 of the Insolvency & Bankruptcy Code, 2016.
By Chirag Shah, Malavika Menon
The Maharashtra Real Estate Regulatory Authority in the case of Anita Castellino vs. Godrej Landmark Redevelopers Private Limited vide its final order dated 22nd January, 2019 has whilst dismissing the complaint, ...
By Ashay Shah, Manisha Paranjape
Revenue recognition is a cornerstone of accrual accounting system which determines the accounting period in which revenues and expenses are to be realized.
By Sana Khan, Sonam Mhatre
The Maharashtra Real Estate Regulatory Authority and the Real Estate Appellate Authority, under the provisions of Real Estate (Regulation & Development) Act, 2016, its Rules and Regulations that came into force ...