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Tag: Supreme Court

Home » Supreme Court » Page 5

Current News
By PTIAugust 3, 2018

Ready to undertake projects of embattled Amrapali Group: NBCC to SC

A day after it rapped the Amrapali Group, for failing to comply with its order, a Supreme Court bench of justices Arun Mishra and UU Lalit, on August 2, 2018, asked the National Buildings … READ FULL STORY

Taxation
By Balwant JainAugust 7, 2018

Housing societies and the principle of mutuality for taxation of receipts

One cannot earn profits from himself – this is the basic argument on which the income of a housing society is contested to be tax-free as a society and its members are same thing. … READ FULL STORY

Current News
By PTIAugust 1, 2018

SC orders attachment of bank accounts, movable properties of Amrapali Group

A Supreme Court bench of justices Arun Mishra and UU Lalit, on August 1, 2018, directed the Amrapali Group of companies to place before it, details of all its bank accounts from 2008 till … READ FULL STORY

Current News
By PTIJuly 25, 2018

Nearly 5,700 properties sealed by three MCDs in Delhi, since December 2017

Nearly 5,700 properties have, so far, been sealed by three municipal corporations as part of a sealing drive, for allegedly violating the provisions of Delhi’s Master Plan, following directions of a Supreme Court-appointed monitoring … READ FULL STORY

Current News
By PTIJuly 23, 2018

SC pulls up centre for its failure to utilise Rs 77,000 crores for environment protection

A Supreme Court bench, comprising justices Madan B Lokur and Deepak Gupta, on July 20, 2018, observed that if the funds of Rs 77,000 crores, meant for the protection of the environment, were used … READ FULL STORY

Current News
By PTIJuly 17, 2018

We will deposit Rs 600 crores, if allowed to dispose assets: Jaiprakash Associates to SC

A Supreme Court bench headed by chief justice Dipak Misra, was informed by senior advocate Fali S Nariman, on July 16, 2018 that Jaiprakash Associates Limited (JAL) has already deposited Rs 750 crores with … READ FULL STORY

Current News
By PTIJuly 13, 2018

SC slams LG for inaction in clearing ‘mountains of garbage’ in Delhi

Terming the situation in Delhi as ‘absolutely bizarre’, the Supreme Court, on July 12, 2018, referred to the ‘mountains of garbage’ at three landfill sites in Ghazipur, Okhla and Bhalswa and said  there was … READ FULL STORY

Current News
By PTIJuly 5, 2018

SC reduces principal money amount for home buyers to Rs 600 crores, for Jaiprakash Associates

The Supreme Court, on July 4, 2018, suggested that realty firm Jaiprakash Associates Limited (JAL) should pay Rs 600 crores, instead of Rs 1,000 crores ordered earlier, to refund the principal amount to the … READ FULL STORY

Current News
By PTIJuly 4, 2018

Performing certain municipal functions does not make NOIDA a municipality: SC

A Supreme Court bench, comprising justices AK Sikri and Ashok Bhushan, on July 3, 2018, ruled that the New Okhla Industrial Development Authority (NOIDA) is not covered by the definition of a ‘local authority’, … READ FULL STORY

Property Trends
By Avnish SharmaJune 4, 2018

A year on, RERA yet to roar

The Real Estate (Regulation and Development) Act, 2016 (RERA), which is meant to safeguard the rights of the home buyers and provide speedy redressals, has faced significant hurdles in its own implementation, ever since … READ FULL STORY

Current News
By PTIMay 18, 2018

SC gives 12 stalled projects of Amrapali to three co-developers

In a major relief to over 42,000 home buyers, the Supreme Court, on May 17, 2018, allowed three co-developers to complete the 12 stalled projects of Amrapali Group, in the next six to 48 … READ FULL STORY

Current News
By PTIMay 17, 2018

Will maintain status quo till May 21, 2018, on water supply to Delhi: Haryana

The Haryana Government, on May 16, 2018, assured the Supreme Court that it would maintain the status quo, on the supply of Yamuna river water to the national capital till May 21, 2018 and … READ FULL STORY

Current News
By PTIMay 16, 2018

SC sets up panel to auction Unitech’s properties

Considering the plight of home buyers, who are waiting to get refund of their money, a Supreme Court bench headed by chief justice Dipak Misra, gave the liberty to justice Dhingra to nominate a … READ FULL STORY

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