Tag Archives: residential

NRIs have right to possess property in Punjab/Chandigarh: SC

Upholding the constitutional validity of Section 13-B of the East Punjab Urban Rent Restriction Act, 1949 (“Act”), the Supreme Court of India clarified that non-resident Indians (“NRI”) have the right to recover immediate possession of residential or non-residential buildings in … Continue reading

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Startups redefined; tax conditions amended: Govt.

The Department for Promotion of Industry and Internal Trade (“DPIIT”) through its notification no. G.S.R. 127(E) dated February 19, 2019 (“Notification”) has expanded the definition of startups and has relaxed conditions for claiming exemption under section 56(2)(viib) of the Income … Continue reading

Posted in Administrative Law, Company Law, Consumer Law, Contract Law, FDI, General Law, Income Tax Law, information technology law, Intellectual Property Law, International Law, Notifications/Publications/Circulars, Securities Law, Trade Law, TRIPS | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Cabinet approves amendments to Real Estate (Regulation and Development) Bill, 2013

The Union Cabinet approved amendments to the Real Estate (Regulation and Development) Bill, 2013 pending in the Rajya Sabha, and approved amendments proposed in the Bill. The Bill provides for a uniform regulatory environment, to protect consumer interests, help speedy … 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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