Out of these, 300 homebuyers attend a meeting of the CoC and 270 of such homebuyers, vote in favour of a particular agenda.

The Hon'ble Bombay High Court in Writ Petition No. 3140 of 2019 has observed that there were consistent defaults being made by developers in payment of transit rent causing inconvenience to the slum dwellers including filing litigations for recovery of transit rent.

In terms of Section 4(2)(l)(D) (defined hereunder) of the Real Estate (Regulation and Development) Act, 2016 ("the Act") a promoter is required to deposit seventy percent...

Upon filing such a declaration, the transaction is deemed to be approved by the CCI subject to the veracity of the statements in the declaration.

IBBI has sought to provide relaxation for the timelines required to be complied with under the IBC and rules framed thereunder.

Recently, the principal bench of National Company Law Appellate Tribunal, Delhi ("NCLAT") vide its order dated 2nd August 20221 ("Order") dismissed an appeal filed by Mr. Praful Nanji Satra...

It was also held that any further action by Dena Bank to enforce its security interest would be covered under the moratorium.

The Insolvency and Bankruptcy Board of India ("IBBI") has recently implemented significant revisions via the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process...

The Principle of Non-regression stipulates that ‘environmental law should not be modified to the detriment of environmental protection'.

Prior to the enactment of RERA, developers often unilaterally added and altered or modified the sanctioned plan, layout plan, and specifications of the building or common areas in an ongoing real estate project.

The recent Supreme Court ruling provides a sigh of relief to real estate sector engaged in construction of immovable properties intended for letting out on lease or rent.

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.

Letters of comfort have been floating in the banking sector for quite some time now and are increasingly becoming part of the security package for many lenders.

SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 framed by the Securities and Exchange Board of India provide that if any person (together with persons acting in concert with him) acquires voting rights ...

The Companies Laws Committees noted in its report dated 1st February, 2016 that the provisions relating to issue of securities in the form of private placement are in need of several changes...

The Maharashtra state cabinet recently passed the bill of Maharashtra Stamp (Amendment) Act, 2021 ("Amendment") which was introduced in the Maharashtra Legislative Assembly on 23rdDecember 2021.

In Anuj Jain, Interim Resolution Professional for Jaypee Infratech Limited v. Axis Bank Etc , the Supreme Court held that a mortgagee is not a financial creditor of a corporate debtor...

The Supreme Court has, in the judgment of Rajendra K. Bhuta vs. MHADA [AIR 2020 SC 3274] caused to clear the anomaly regarding a major question of law that will have far reaching effects on present and ...

Since demonetization, a lot of people and industries had suffered; however, there were certain businesses, which benefitted to a great extent.

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).