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Bombay High Court dismisses corporates' plea to form condominium at business park in Mumbai's Lower ParelCipla, HDFC Bank, Tata Capital had purchased their offices in Peninsula Business Park from Peninsula Land in and around 2012. Peninsula exe...- NCLT terms realty developer’s advance to landlord operational debt under IBCIn August 2018, both the entities had executed a term sheet after the property owner, Goodwill Theatres, approached Sunteck Realty for the ...
- Many landlord-tenant issues can be settled under arbitration nowThe apex court held that arbitral tribunals have the power to decide such disputes under the Transfer of Property Act, 1882.
- Delay in approvals not covered under force majeure, says Bombay HC, rules in favour of homeownersThe court has dismissed realty developer Westin Developers’ appeal against a Real Estate Regulatory Authority’s (RERA) order to set aside a...
- Wary independent directors ringfence assets; transfer to trusts, kinSeveral directors ET spoke to said they are consulting top lawyers to protect assets from personal liabilities. Scope of Section 212 of the...
- Anil Ambani moves Delhi HC to challenge the appointment of IRP by NCLTAmbani in his petition is also challenging the Mumbai bankruptcy tribunal order which allowed the appointment of an interim resolution prof...
- Regulatory reality may sour millennials’ stock dreamsSebi chairman Ajay Tyagi told ET that the surge in retail participation in stocks was perplexing, without elaborating. While Tyagi may have...
- Sterling & Wilson Solar promoters fail to honour loan commitmentSterling and Wilson has sought more time to repay loans worth Rs 2.341 crore.
- Spotify’s direct listing plan could be a cue for India IncCompanies in India are allowed to go for direct listing only under two circumstances.
- Fortis promoters seek SC approval to sell shares pledged with banks, FIsSC has directed RHC Holdings and Oscar Investments, cos controlled by the Singhs, to maintain “status quo” with regards to shareholding of ...
- Swiber appeals Bombay High Court to stop ONGC from invoking Rs 700 crore bank guaranteeThe Indian subsidiary of Swiber Holding Ltd had furnished the bank guarantee last year after bagging a construction, maintenance and servic...
- Sebi asks RattanIndia to revise open offer priceThe company has been further informed that the Hon’ble SAT vide its order dated May 11, 2016, has granted the acquirers relief.
- Goodwill depreciation will help India Inc in acquisitionThe recent Supreme Court ruling terming ‘goodwill’ as depreciable asset will give relief to India Inc for future acquisitions and on purcha...
- India Inc's creditworthiness on test: Investors fear disputes as FCCB maturity loomsShares of many companies are trading at a fraction of the price at which Foreign Currency Convertible Bonds are to be converted into shares.
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