Maharashtra Housing (Regulation & Development) Act 2012: Overview – Part II

By Shiju. P.V One of the main reason for the repeal of MOFA[1] was the lack of an effective regulatory arm to implement its provisions. As a result, flat buyers can only approach the consumer forums

Maharashtra Housing (Regulation & Development) Act 2012: Overview – Part I

By Shiju P.V. With the Presidential assent to Maharashtra Housing (Regulation and Development) Act 2012 (the “Act”)[2] in February this year, the State is all set to establish a new authority to regulate the housing

Clause 49 of Listing Agreement Understanding the Significance

Clause 49 of Listing Agreement : Overview

By Shiju. P.V Securities and Exchange Board of India (“SEBI”) has overhauled the existing Clause 49 of the Listing Agreement and replaced it with a revised Clause 49 (the “New Clause” or the “Clause”)[2]. The

Lenders beware, the property is leased

By Shiju. P. V The Supreme Court has given a very important judgement last week where the Court considered the validity of leases created on mortgaged property. The Court has examined whether the provisions of

Burning one’s fingers

By Dr. Subodh Sirur On a midnight, a leading gynecologist was attending a labor case in his hospital. He was the only senior doctor present in the hospital at that time. Suddenly, a three year

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