Tag Archives: apartment

Homebuyers are Financial Creditors under Insolvency Code: SC

The Supreme Court of India recently upheld the amendments made to the Insolvency and Bankruptcy Code in 2018 (“Code”) to treat homebuyers as financial creditors. The Court said that the original provisions concerning Financial Creditors under the Code always subsumed … Continue reading

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Salient features of Real Estate (Regulation and Development) Bill, 2013

The Real Estate (Regulation and Development) Bill, 2013, introduced in the Parliament provides for a speedy and specialized adjudication mechanism to settle disputes between the promoter, buyer and real estate agents, thereby de-clogging the civil courts and consumer forums, from … Continue reading

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Benefits and Advantages of proposed Real Estate Bill, 2013

Benefits and Advantages of proposed Real Estate Bill, 2013 ·          The Bill will bring about standardization in the sector leading to healthy and orderly growth of the industry through introduction of definitions such as ‘apartment’, ‘common areas’, ‘carpet area’, ‘advertisement’, … Continue reading

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DLF Appeal: CAT remands case back to CCI for specifying the extent and manner the Buyers’ Agreement be modified

In DLF’s abuse of dominant position appeal, the Competition Appellate Tribunal held that the Competition Commission of India should pass an order under Section 27(d) Competition Act specifying the extent and manner in which the terms and conditions of Apartment … Continue reading

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