Tag: Promoter

“The statutory obligations and contractual agreements in matters of property conveyance reasserted by the Hon’ble High Court, Bombay ” – Prestige Garden CHSL v. State of Maharashtra & Ors

Introduction: The case of Prestige Garden CHSL v. State of Maharashtra & Ors. revolves around the interpretation and application of the Maharashtra Ownership Flats (Regulation of the Promotion of Construction, Sale, Management and Transfer) Act,

MSME Promoters are not disqualified u/s 29A of IBC to apply for Resolution Plan: Supreme Court

MSME Promoters are not disqualified u/s 29A of IBC to apply for Resolution Plan: Supreme Court

The Hon’ble Supreme Court in its recent judgment in the case of Hari Babu Thota v. X[i] has overturned the Hon’ble NCLAT’s decision in Digambar Anandrao Pingle v. Shrikant Madanlal Zawar[ii] and has held that,

Common Areas division under Conveyance and Deemed Conveyance of Societies

Common Areas division under Conveyance and Deemed Conveyance of Societies

Conveyance is the transfer of the title of land and buildings by a promoter or landowner in favour of a housing society by execution of the conveyance deed. If the promoter or landowner refuses to