Overview This case deals with the interpretation of the term “promoter” under the Real Estate (Regulation and Development) Act, 2016 (RERA) and whether it will
Facts: Issues: Decision: Analysis: Conclusion: The Appellate Tribunal’s decision in this case is a welcome step towards protecting the interests of homebuyers and ensuring fairness
Introduction The Real Estate (Regulation and Development) Act, 2016 (RERA) was enacted to ensure greater accountability and transparency in the real estate sector. Among its
Background Earthcon Universal Infratech Pvt. Ltd. entered the Corporate Insolvency Resolution Process (CIRP) under Section 7 of the Insolvency and Bankruptcy Code (IBC) in 2019.
The appeal revolves around a financial dispute and insolvency proceedings involving the appellants, Rita Malhotra and Bina Chopra, and the respondent, Orris Infrastructure Pvt. Ltd.
GST on Joint Development Agreements The real estate sector is closely watching the ongoing debate about Goods and Services Tax (GST) implications on Joint Development
The Orissa High Court’s ruling clarified the jurisdictional boundaries between Consumer Commissions and the SARFAESI Act. It stated that Consumer Commissions cannot adjudicate matters related
Facts Puri Constructions Pvt. Ltd. (the petitioner) is in the business of construction, promotion, and development of land and real estate. The petitioner was granted