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Tag: SC

Home » SC » Page 7

Current News
By PTISeptember 12, 2017

SC directs official liquidator to proceed with Aamby Valley auction

The Supreme Court, on September 11, 2017, rejected Sahara chief Subrata Roy’s plea, seeking two more months to deposit Rs 966.80 crores of the remaining Rs 1,500 crores, saying he was trying to treat … READ FULL STORY

Current News
By PTISeptember 13, 2017

SC asks Jaypee to deposit Rs 2,000 crores

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

Current News
By PTISeptember 11, 2017

SC assures refund or flats, to hassled home buyers of Unitech

While refusing to grant interim bail to jailed Unitech promoters, Sanjay Chandra and Ajay Chandra till September 15, 2017, in a case of alleged forgery lodged by home buyers of its Gurugram-based housing project, … READ FULL STORY

Current News
By PTISeptember 5, 2017

SC gives Bombay HC 2 months, to decide on pleas against RERA

The Supreme Court, on September 4, 2017, asked the Bombay High Court to decide within two months, the pleas challenging the validity of the Real Estate (Regulation and Development) Act (RERA), which are pending … READ FULL STORY

Current News
By PTIAugust 22, 2017

SC favours arbitrator on dispute between actor Dilip Kumar, developer

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

Current News
By PTIApril 18, 2017

SC orders sale of Sahara’s Aamby Valley

Irked over non-submission of money, the Supreme Court on April 17, 2017, decided to sell Rs 34,000 crores worth properties of the Sahara Group at the Aamby Valley and sought Subrata Roy’s presence next … READ FULL STORY

Current News
By PTIMarch 28, 2017

SC directs MD of Unitech Ltd to appear before it on May 5, 2017

A Supreme Court bench headed by justice Dipak Misra, on March 27, 2017, asked the directors of real estate major Unitech Ltd, including its managing director, to appear before the court on May 5, … READ FULL STORY

Current News
By PTIFebruary 23, 2017

Landmark decision for home buyers: SC allows flat buyers to directly approach apex consumer commission

The Supreme Court has upheld the order of the National Consumer Disputes Redressal Commission (NCDRC) that flat buyers can jointly approach it, in case of a dispute with a builder. A bench headed by … READ FULL STORY

Current News
By PTIFebruary 7, 2017

SC orders attachment of Sahara’s prime Aamby Valley property

The Supreme Court, on February 6, 2017, directed attachment of the Sahara Group’s Aamby Valley property in Pune, for realisation of money to be paid to its investors. The apex court also asked the … READ FULL STORY

Current News
By PTIJanuary 30, 2017

SC upholds HUDA’s rejection of highest bid for Gurgaon tower

In a major verdict, the Supreme Court, on January 27, 2017, upheld the decision of the Haryana Urban Development Authority (HUDA), to reject the highest bid of Rs 111.75 crores of a firm for … READ FULL STORY

Current News
By PTINovember 21, 2016

SC stays Unitech home buyers’ meetings on compromise scheme

The Supreme Court, on November 18, 2016, stayed all the upcoming meetings of home buyers of Unitech Ltd, for giving their approval or disapproval to a proposed compromise scheme forwarded by the company, to … READ FULL STORY

Current News
By PTIOctober 20, 2016

SC orders Unitech to refund Rs 15 crores, to buyers of Unitech Vista project

The Supreme Court, on October 19, 2016, directed Unitech Resorts Ltd to refund Rs 15 crores to 39 home buyers in its Gurgaon project, saying a property developer must respect the contractual commitment and … READ FULL STORY

Current News
By PTISeptember 19, 2016

SC stays environment clearance requirement for Railway, metro rail projects

The Supreme Court (SC) has stayed an order of the National Green Tribunal (NGT), directing the Indian Railways and metro rail projects, to seek prior environmental clearances (ECs). “The order of the National Green … READ FULL STORY

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