Search Results for Tag : Developer
Top Story
Civil Aviation Policy: Trading lower fees for higher taxes?(15.06.2016)
The Ministry of Civil Aviation released the National .....Tags : civil aviation, policy, airport charges, developer fee, concession, international flights
Judgments
How long can builders keep paying compensation(11.05.2016)
The National Consumer Disputes Redressal Commission passed yet another order against a property developer for its prolonged failure to deliver possess.....
Tags : property developer, possession, delay, compensation
News
MP High Court: Employee Can File Winding-Up Petition for Dues(05.10.2015)
MP High Court while deciding company petition filed by Singapore resident Jonathen Allen against Zoom Developers Pvt Ltd, alleged to be one of countr.....
Tags : MP High Court,Zoom Developers Pvt Ltd
Court Directs Realty Firm MD to Surrender(20.10.2016)
A Delhi court while dismissing anticipatory bail of Punit Beriwala, MD of Vipul Infrastructure Developers, has ordered him to surrender in the crimina.....
Tags : Delhi court, Vipul Infrastructure Developers, anticipatory bail
Bom HC to State: Ensure No Developer Defaults in Payment of Transit Rent to Residents(10.08.2023)
Bombay High Court in attempt to curb errant builders in default of their obligations, has directed State government to take steps to ensure that devel.....
Tags : Bombay High Court, Developer, Transit Rent
NGT Directs DM to Furnish Report on Encroachment by Private Developer(09.09.2021)
National Green Tribunal has directed the District Magistrate to furnish a report within one month in a plea seeking action against encroachment by a p.....
Tags : National Green Tribunal, Encroachment by Private Developer
ITAT: Business of Infrastructure Development Comes Under The Definition of Developer(19.07.2022)
Income Tax Appellant Tribunal (ITAT), Ahmedabad Bench has held that the business of infrastructure development comes under the definition of developer.....
Tags : ITAT, Infrastructure Development, Developer
ITAT: Permissible Possession Given to Developer for Construction Does Not Constitute Transfer(22.07.2022)
Income Tax Appellate Tribunal (ITAT), Mumbai Bench has held that permissible possession given to a developer for construction does not constitute a tr.....
Tags : ITAT, Developer, Transfer
NCDRC to Builder: Pay Rs 20k/Month Penalty for Delay in Project(25.01.2016)
National Consumer Disputes Redressal Commission (NCDRC) has ordered Parsvnath Developers to pay a monthly penalty to buyers for delay in handing over .....
Tags : National Consumer D, isputes Redressal Commission , Parsvnath Developers
NCLT Admits Insolvency Plea Against Ariisto Developers(29.11.2018)
National Company Law Tribunal (NCLT) has admitted and initiated insolvency proceedings against Mumbai-based Ariisto Developers and has appointed an in.....
Tags : NCLT, Ariisto Developers
National Company Law Appellate Tribunal Reverses Tribunal Order Against Raheja Developers(24.01.2020)
National Company Law Appellate Tribunal has set aside a Tribunal Order to appoint an interim resolution professional for Raheja Developers and has all.....
Tags : National Company Law Appellate Tribunal, Raheja Developers
CCI Junks Complaint against Parsvnath Developers(09.08.2016)
Competition Commission of India (CCI) has rejected a complaint alleging that realty player Parsvnath Developers abused its dominant position by imposi.....
Tags : Competition Commission of India, Parsvnath Developers
Madras HC: Builders Cannot Escape Provisions of RERA Where Amenities Not Provided(26.02.2021)
Madras High Court has held that builders and real estate developers cannot escape from the Real Estate (Regulation and Development) Act, 2016 if they .....
Tags : Madras High Court, Builders, Real Estate Developers
NCDRC: Landowner Jointly & Severally Liable Along With Developer for Deficiency in Service(29.12.2022)
National Consumer Dispute Redressal Commission (NCDRC) has held that landowner is jointly and severally liable for any compensation along with the dev.....
Tags : NCDRC, Landowners, Deficiency in Service, Developers
NCDRC Orders Unitech to Pay compensation for Delivery Delay(30.01.2017)
National Consumer Disputes Redressal Commission (NCDRC) has directed Unitech Hi-Tech Developers to pay over Rs 3 crore to a couple for failing to give.....
Tags : National Consumer Disputes Redressal Commission, Unitech Hi-Tech Developers
NCDRC : Developer Cannot Take Advantage of Death of Workers to Justify Delay in Construction(06.01.2020)
National Consumer Disputes Redressal Commission has said that a developer cannot cry force majeure to blame the delay in completion of housing project.....
Tags : NCDRC, Developer
Supreme Court Directs Rathore, Parsvnath Builders to Settle Dispute Amicably(15.12.2016)
Supreme Court has asked Minister of State Rajyavardhan Singh Rathore and Parsvnath Developers to sit together and amicably settle dispute over allocat.....
Tags : Supreme Court, Rajyavardhan Singh Rathore, Parsvnath Developers
NCLT Admits Insolvency Plea Against Parsvnath Landmark Developers(14.01.2019)
National Company Law Tribunal (NCLT) has given its approval to start the insolvency proceedings against realty firm Parsvnath Developers subsidiary, w.....
Tags : NCLT, Parsvnath Landmark Developers
NCLT Delhi Dismisses Plea For Initiation Of CIRP Against Developer(20.10.2022)
National Company Law Tribunal, New Delhi has rejected the petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, holding that if the al.....
Tags : National Company Law Tribunal, allottees, Developer
Bom. HC Dismisses Developers ‘Pleas against Levy of ?800 Crores Aggregate Development Charges(21.10.2022)
Bombay High Court has observed that developers undertaking redevelopment on state owned land wouldn't be exempt from paying Development Charges under .....
Tags : Bombay High Court, developers, Maharashtra
Delhi Court Convicts Parsvnath Developers for Delay in Depositing TDS Amount(06.04.2021)
Delhi Court has convicted the Parsvnath Developers for delay in depositing the TDS (Tax Deducted at Source) amount on the grounds that the mere recess.....
Tags : Delhi Court, Parsvnath Developers
Supreme Court Asks Developer To Pay Rs. 2.27 Cr Compensation To Buyer(14.03.2018)
Sikkim High Court has held that administering oath to an accused while recording his confessional statement under Section 164 CrPC violates Article 20.....
Tags : Supreme Court, Developer
Supreme Court Asks Developer To Pay Rs. 2.27 Cr Compensation To Buyer(14.03.2018)
Supreme Court, while observing that the rule of measuring damages from the time of breach of contract is flexible, has modified compensation of Rs 3.6.....
Tags : Supreme Court, Developer
NCDRC Sentences Directors of Parsvnath Developers to Imprisonment for Failure to Refund Money(08.02.2021)
National Consumer Disputes Redressal Commission has sentenced the Managing Director and directors of Parsvnath Developers to three years in prison for.....
Tags : National Consumer Disputes Redressal Commission, Parsvnath Developers
Bombay High Court : Developer Not Paying 'Transit Rent' For Months A 'Growing Social Injustice'(30.03.2021)
Bombay High Court has held that even the slightest delay in project completion or payment in rent is sufficient to warrant the termination of a develo.....
Tags : Bombay High Court, Developer
SC to Parsvnath Developers: Deposit Rs 12 Crores for Delayed Ghaziabad Project(15.09.2016)
Supreme Court has directed Parsvnath Developers to deposit Rs 12 crores with the court’s registry in four weeks in a case related to delay in possessi.....
Tags : SC, Parsvnath Developers
NGT Imposes Rs 105-cr Fine on Goel Ganga Developers, Pune(28.09.2016)
National Green Tribunal (NGT) has imposed a whopping Rs 105-crore fine on Goel Ganga Developers for violating environmental laws by carrying out cons.....
Tags : NGT, Goel Ganga Developers
CCI Dismisses Complaint against KAMP Developers(28.06.2016)
Competition Commission of India (CCI) has dismissed allegations of unfair business practices made against KAMP Developers with respect to residential .....
Tags : Competition Commission of India , KAMP Developers
Supreme Court: SEZ Developers Must Apply for Recognition and be Scrutinized(21.05.2024)
SC has observed that a SEZ developer is required to make an application as per AP Electricity Regulatory Commission (Distribution Licence) Regulations.....
Tags : Supreme Court, SEZ Developers, Deemed Distribution Licensee
Bombay HC Junks Lodha Developers' Petition to Gag Videos About its Project at Wadla(03.05.2019)
Bombay High Court has rejected Lodha Developers plea to restrain three persons, including a journalist, from posting online 'defamatory' content and v.....
Tags : Bombay High Court, Lodha Developers
Bombay High Court Gives Relief to MEP Infrastructure Developers on Pledged Shares(08.04.2020)
Bombay High Court has given interim relief to MEP Infrastructure Developers’ director, Anuya Jayant Mhaiskar and toll collection company, Ideal Toll &.....
Tags : Bombay High Court, MEP Infrastructure Developers
NCDRC: One-Sided Clauses in an Agreement Constitutes Unfair Trade Practice(31.03.2023)
National Consumer Disputes Redressal Commission while adjudicating a consumer complaint against flat developers has held that incorporation of one-sid.....
Tags : NCDRC, Flat Developers, Unfair Trade Practice
NCDRC Holds Sahara Developers Guilty of Deficient Services(17.09.2019)
National Consumer Disputes Redressal Commission (NCDRC) has while holding Sahara Developers guilty for “deficiency of service”, directed it to pay Rs .....
Tags : NCDRC, Sahara Developers
Central Government Extends Last Date of Filing of QPRs/APRS by SEZ/EOU/Developers(30.06.2021)
Ministry of Commerce and Industry extended the last date of filing Quarterly Progress Report (QPRs) or Annual Performance Report (APRS) by Special Eco.....
Tags : Ministry of Commerce and Industry, Last Date of Filing of QPRs/APRS by SEZ/EOU/Developers
National Green Tribunal Fines Four Real Estate Developers(29.09.2017)
National Green Tribunal has imposed a fine on four real estate developers in Delhi, as it was found that the rainwater harvesting systems installed by.....
Tags : National Green Tribunal, Real Estate Developers