The Reserve Bank of India (RBI), on February 12, 2018, came out with a revised framework for expeditious resolution of bad loans, harmonising the existing guidelines with the norms specified in the Insolvency and … READ FULL STORY
Observing that it was concerned about the home buyers who had put their entire life savings, the Supreme Court, on January 31, 2018, asked real estate firm Amrapali to submit a plan on completion … READ FULL STORY
The Supreme Court, on January 10, 2018, directed realtor Jaiprakash Associate Limited (JAL) to give details of its ongoing housing projects in the entire country, while reiterating its direction that its directors shall not … READ FULL STORY
The Supreme Court, on December 15, 2017, granted time till January 25, 2018, to the embattled real estate firm Jaiprakash Associate Limited (JAL), to deposit Rs 125 crores more, for safeguarding the interests of … READ FULL STORY
The Supreme Court, on November 22, 2017, directed 13 directors, including five promoters of the embattled Jaiprakash Associates Limited (JAL), not to alienate their personal properties and asked the firm to deposit Rs 150 … READ FULL STORY
For all the right reasons, the World Bank’s Doing Business 2018 report was the toast of the country and the markets reacted with positivity. As a country, we should analyse the WB report, not … READ FULL STORY
The Supreme Court, on October 25, 2017, refused permission to the embattled Jaiprakash Associates Ltd, to hive-off its rights in the multi-crore, six-lane Yamuna Expressway connecting Greater Noida with Agra in Uttar Pradesh. The … READ FULL STORY
The Supreme Court, on October 23, 2017, said it ‘must be clarified’ whether the multi-crore, six-lane Yamuna Expressway, connecting Greater Noida with Agra in Uttar Pradesh, belonged to a Jaypee Group firm, which wanted … READ FULL STORY
The Supreme Court, on October 13, 2017, restrained the directors of real estate major Amrapali Group, from leaving the country without its permission. A bench headed by chief justice Dipak Misra issued notice to … READ FULL STORY
A Supreme Court bench of chief justice Dipak Misra and justices AM Khanwilkar and DY Chandrachud, on October 6, 2017, issued notices to the central government and Amrapali Group and sought their response within … READ FULL STORY
The Supreme Court, on September 18, 2017, asked around 400 home buyers of embattled Jaypee Group, to intervene in the main matter in which several buyers have moved the court, seeking relief in the … READ FULL STORY
Often, more laws lead to greater red tape and their improper implementation defeats their very purpose. In the recent past, the government has unveiled several new regulations that affect the real estate market. For … READ FULL STORY
The Supreme Court, on September 11, 2017, directed the embattled real estate firm Jaypee Associates, to deposit Rs 2,000 crores by October 27, 2017, with its registry and asked the NCLT-appointed interim resolution professional … READ FULL STORY
