One of the crucial changes implemented by the Regulating Authority is the imposition of maintaining an escrow account. According to Section 4(2)(l)(D) of the RERA, a promoter is required to…
The Insolvency and Bankruptcy Code, 2016 is a dynamic law, evolving with the emerg- ing needs of stakeholders. One of the key features of the code is provisions related to…
Section 34 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act 2002 (“The Act”) lays down the rule that no civil court shall have jurisdiction…
It has been well established that proceedings under Section 34 of the Arbitration and Conciliation Act, 1996 ("the Act") are summary in nature. The scope of enquiry in any proceedings…
The Consumer Protection Act, 1986 (hereinafter referred as Act) inter alia, provides for protection of interests of consumers, establishment of a central consumer protection authority, mechanism to settle consumer disputes…
In order to facilitate transparency and to remove ambiguity in the home buying process, the Indian Government passed the RERA Act in May 2016. Soon after, RERA was brought into…
Central Organization for Railway Electrification vs ECI- SPIC- SMO-MCML (JV) a joint venture company CIVIL APPEAL NOS. 9486-9487 OF 2019. The Allahabad High court passed an order on 3.01.2019 and…
A Limited Liability Partnership (herein after referred as “LLP”) is a form of business that offers the combined features of ‘partnership’ and ‘company’ business structures. LLP derives its authority from…
Arbitration, a form of alternative dispute resolution whereby the parties to the dispute agree to resolve disputes outside courts using private entities known as arbitral tribunals, which renders a arbitration…
INTRODUCTION Corruption is a worldwide phenomenon and is considered to be one of the greatest hindrance on our way toward progress for developing country like India. A country need a…