Considering the possibility of dispute in long-term and high-value tenancy agreements, most parties insert an arbitration clause in the lease deed to create a secure contract. Once the landlord and the tenant agree to … READ FULL STORY
Landlord-tenant disputes can be resolved through arbitration, except when they are covered by specific forum created by rent control laws, the Supreme Court has ruled. Delivering its landmark verdict in the Vidya Drolia and … READ FULL STORY
The Real Estate (Regulation and Development) Act (RERA) has brought to the fore a growing incidence of consumer dissatisfaction, in dealing with real estate developers and service providers. Delays in project deliveries, cost escalations … READ FULL STORY
The Supreme Court has dismissed the appeal of the Rail Land Development Authority (RLDA), challenging a Delhi High Court order asking it to pay Rs 1,034 crores to realty firm Parsvnath Ltd, in relation … READ FULL STORY
Kolkata-based Shristi Infrastructure Development Corporation Ltd faces an arbitration claim of Rs 160 crores from Rishima SA Investments LLC, an investor of a 5-star hotel project in the city. Mauritius-registered Rishima had invested Rs … READ FULL STORY
Reliance Infrastructure subsidiary Delhi Airport Metro Express Private Ltd (DAMEPL), which pulled out from running the Airport Express metro line, has agreed in the Delhi High Court, on April 10, 2018, not to enforce … READ FULL STORY
A Delhi High Court bench of justices Sanjiv Khanna and Chander Shekhar, on April 9, 2018, noted that under the agreement between the Delhi Airport Metro Express Private Ltd (DAMEPL) and the Delhi Metro … READ FULL STORY
The Delhi High Court’s justice Vibhu Bakhru, on March 27, 2018, asked the Delhi Metro Rail Corporation (DMRC) to ascertain the immediate amount that Reliance Infrastructure’s (Rinfra’s) subsidiary, DAMEPL, has to pay to 11 … READ FULL STORY
Reliance Infrastructure’s (Rinfra’s) subsidiary Delhi Airport Metro Express Private Limited (DAMEPL), which was operating the Delhi Metro’s Airport Express line, has moved the Delhi High Court, seeking the execution of the arbitration award of … READ FULL STORY
Veteran actor Dilip Kumar and his wife Saira Banu have won back the rights to their disputed Pali Hill property, in the Bandra suburb of Mumbai. Banu announced this news via the legendary actor’s … READ FULL STORY
The Supreme Court, on August 30, 2017, asked thespian actor Dilip Kumar to deposit Rs 20 crores with its registry, as part payment to a Mumbai-based real estate firm, with whom the agreement to … READ FULL STORY
The Supreme Court, on August 21, 2017, favoured appointing an arbitrator, to resolve the dispute between 95-year-old thespian actor Dilip Kumar and a real estate property developer, over the development of his prime Pali … READ FULL STORY
