Lenders have transferred the entire Rs 9,234-crore Jaypee Infratech loan to newly constituted National Asset Reconstruction Company (NARCL), The Economic Times reported. This is the maiden acquisition by the government-promoted bad loan bank that … READ FULL STORY
Land that has been once acquired by an authority following relevant statutory provision can’t be returned to the owner on the argument that the land was no more required by the said authority, the … READ FULL STORY
Prime Minister Narendra Modi visited the Malkhed village of Kalaburagi district in Karnataka, on January 19, 2023, where he distributed hakku patras to the over 5,000 eligible beneficiaries of these newly declared revenue villages. … READ FULL STORY
The New Delhi Bench of the National Company Law Tribunal (NCLT) has admitted a plea to start insolvency proceedings against Unibera Developers. Unibera Developers was dragged to the tribunal by Mahi Buildhome after the … READ FULL STORY
The Haryana Real Estate Regulatory Authority (Haryana RERA) should charge the same registration fee from individuals and sole proprietorship firms for real estate agent registrations and renewals, the Punjab and Haryana High Court said … READ FULL STORY
The term rent includes all charges a tenant pays to his landlord as agreed upon in the rent agreement, the Calcutta High Court has ruled. In an order passed in December 2022, the high … READ FULL STORY
Three-and-four-storey buildings in Noida may soon start building lifts with the Noida authority giving an approval to a proposal to this effect in its December 2022 board meeting, The Times of India reported. A … READ FULL STORY
State governments are obligated to inform all parties with an interest in land or property at the time of its acquisition, the Dharwad Bench of the Karnataka High Court (HC) has ruled. While giving … READ FULL STORY
Is a large part of your salary getting deducted in taxes since you stay with your parents or other family members and you are not able to claim HRA (house rent allowance) exemptions? The … READ FULL STORY
Liens are legal claims over assets that forbid sale of the said assets until the loan obligation is paid off. The assurance that liens provide is beneficial for the lenders. Certain liens, such as … READ FULL STORY
You may have head of the term mamlatdar oftentimes, especially in reference to revenue and land matters in Gujarat, Maharashtra and Goa. In Gujarat. For instance, to apply for a legal heir certificate, citizens … READ FULL STORY
Notarised documents are a great way to prove you were at the same place and time as your notary public. They’re also instrumental in verifying that your documents are genuine and haven’t been altered. … READ FULL STORY
The name makes it obvious to a discerning buyer. While a sale deed is executed to formalize property sale, a gift deed is executed if the same property has to be gifted. However, a … READ FULL STORY
