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  • Article

    Family Investment Funds - A New Regime

    In a first of its kind development, the Indian regulators have provided a formal recognition to family offices under the International Financial Services Centres Authority (Fund Management) Regulations, 2022.
    IndiaFinance and Banking
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    Stamp Duty On Sales Through Court Auctions

    In a recent Order of the Hon'ble Bombay High Court, Justice G. S. Patel settled a very peculiar situation, when the stamp duty was initially calculated on the Ready Recknor value, instead of the value fetched in a Court Auction Sale.
    IndiaFinance and Banking
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    Reversing An Old Folly: Section 9A Of Civil Procedure Code, 1908.

    The said Ordinance deletes Section 9A of the Code of Civil Procedure Code, 1908.
    IndiaGovernment, Public Sector
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    Homebuyers Now Financial Creditors: Too Many Cooks Spoil The Resolution Process?

    The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, which came into force on 6th June, 2018 provides for various amendments to the Insolvency and Bankruptcy Code, 2016.
    IndiaInsolvency/Bankruptcy/Re-Structuring
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    Insolvency Code: Another Look Through Rose Tinted Glasses?

    Insolvency, explained simply, refers to an individual or an entity's inability to pay debts due from it. The recent and most illustrious enactment by the Parliament, the Insolvency and Bankruptcy Code, 2016 encompasses this wide-ranging arena of insolvency and bankruptcy.
    IndiaInsolvency/Bankruptcy/Re-Structuring
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    Recovery Of Possession By MHADA During CIRP

    Insolvency and Bankruptcy Code, 2016 ("IBC") has been enacted by the legislature with an intent to revive and rehabilitate companies with a view to maximize value for all stakeholders.
    IndiaInsolvency/Bankruptcy/Re-Structuring
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    Speculative Buyer/Investor, Not A Financial Creditor Neither An Allottee, Under IBC

    Recently, the NCLAT in an appeal filed by Naman Infradevelopers Pvt Ltd ("Appellant") against Metcalfe Properties Pvt Ltd ("Corporate Debtor") under Section 61 of the Insolvency & Bankruptcy Code, 2016...
    IndiaInsolvency/Bankruptcy/Re-Structuring
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    The Growing Consciousness Of The Indian Judiciary - IBC vs. Slum Act

    A Single Bench of The Bombay High Court has, in a recent judgment of Anudan Properties Pvt. Ltd vs. MMR Slum Rehabilitation Authority and Ors.
    IndiaInsolvency/Bankruptcy/Re-Structuring
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    Operation Of One Transaction In Two Different Stages Under The RERA Regime

    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, ...
    IndiaReal Estate and Construction
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    Real Estate (Regulation & Development) Act, 2016 – Milestones In 2018

    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 ...
    IndiaReal Estate and Construction
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    Slum Redevelopment- Brief Overview

    India is on an accelerated path of urbanisation and several Indian cities face the challenge of housing their growing population, especially the urban poor.
    IndiaReal Estate and Construction
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    Whether A Society, Being A Landowner, Is A "Promoter" Under Real Estate Regulation Act, 2016?

    The flat purchasers sought direction against the Society as well as the Developer to hand over possession of their respective flats by completing construction or in the alternative, allow them to complete remaining construction.
    IndiaReal Estate and Construction
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    National Consumer Disputes Redressal Commission Rules On ‘Force Majeure' In Real Estate Projects

    All the 16 First Appeals were heard by the NCDRC together and disposed of by a common order dated 12th December 2018.
    IndiaConsumer Protection
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    What Are The Material Questions To Be Addressed By Parties In A Suit For Specific Performance?

    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.
    IndiaLitigation, Mediation & Arbitration
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    Insolvency Proceedings Against Un-Incorporated Joint Ventures

    While these companies formed a joint venture for developing the project, they did not register this joint venture as a separate company.
    IndiaInsolvency/Bankruptcy/Re-Structuring
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    Inherent Powers Of Courts And Tribunals

    Therefore, if a winding up order is made then it is in fact likely that all debts of the debtor creditor will have to take a serious haircut to maintain even a possibility of repayment.
    IndiaLitigation, Mediation & Arbitration
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    Specific Performance of a Development Agreement

    By a judgment dated 9th October, 2018 in the matter of Sushil Kumar Agarwal vs. Meenakshi Sandhu and Ors. [2018 (13) SCALE 778], the Hon'ble Supreme Court, relying on provisions of Section 14 (3) (c) ...
    IndiaReal Estate and Construction
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    Update: ULC Premium To Be Imposed Only On Surplus Vacant Land And Not Land Held Within Ceiling Limits

    In our previous article titled "ULC premium to be imposed only on surplus vacant land and not land held within ceiling limits", we examined a judgment passed by the Hon'ble Bombay High Court on 30th March, 2023...
    IndiaReal Estate and Construction
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    GST Implications On Liquidated Damages

    Liquidated damages are damages which an injured party is entitled to receive on account of breach by the other contracting party.
    IndiaTax
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates
  • Article

    Sustainable Development And Regulatory Oversight: Lessons From Vanashakti v. Union Of India

    The Supreme Court's decision in Vanashakti v. Union of India is a landmark pronouncement in the field of environmental law, particularly in relation to the regulation of building, construction...
    IndiaEnvironment
    Dhaval Vussonji & Associates
    Dhaval Vussonji & Associates

Showing 61–80 of 184 results

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