Supreme Court: Single Insolvency Petition Maintainable Against Linked Corporate Entities || Supreme Court: Disputes are Not Arbitrable When the Arbitration Agreement is Alleged to be Forged || Supreme Court: Temple Trust Does Not Qualify as an ‘Industry’ under the Industrial Disputes Act || Delhi HC: Unmarried Granddaughter’s Limited Estate Can Become Absolute if Pre-Existing Right || MP High Court: Labour Laws are Beneficial, and Hyper-Technical Limitation Views Must be Avoided || Calcutta HC: Supplementary Chargesheet Filed Late in NDPS Trial is Valid if Based on Fresh Evidence || Delhi High Court: Co-Accused’s Abscondence Can Be a Relevant Factor in Granting NDPS Bail || P &H HC: Unfavourable Orders Cannot Justify Trial Transfer; Courts Must Prevent Forum Hunting || SC: UGC Regulations Override State Law on Forming Search Committees For University VC Appointments || SC: State Cannot Deny Regularisation to Long-Serving Contract Staff Appointed Through Due Process

Amendment in Section 2(zm) of the Real Estate (Regulation and Development) Act, 2016- (Ministry of Finance ) (29 Nov 2022)

MANU/REVU/0113/2022

Commercial

In exercise of the powers conferred under sub-clause (iii) of clause (sa) of sub-section (1) of section 2 of the Prevention of Money-laundering Act, 2002 (15 of 2003), the Central Government hereby notifies that 'real estate agents' as defined under clause (zm) of section 2 of the Real Estate (Regulation and Development) Act, 2016 (16 of 2016) and as a person engaged in providing services in relation to sale or purchase of real estate and having annual turnover of Rupees twenty lakhs and above, as a "person carrying on designated business or profession".

Tags : AMENDMENT PROVISION REAL ESTATE

Share :