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HOMEBUYER PETITION
Supertech homebuyers move SC as 17 stalled projects remain stuck, Rs 30 crore spentHomebuyers of Supertech Limited have raised significant concerns regarding the lack of progress on stalled housing projects. The Homebuyers...- Dissenting housing society members challenge redevelopment plan citing 10% less area, but lose the case in Maharashtra co-operate appellate court for this reasonTwo members challenged redevelopment plan citing 10% less area with potential Rs 25 to 30 lakh loss; loses case in Maharashtra Co-operative...
- Duty of enforcement agencies to ensure compliance with law on wearing seat belts: SCThe Supreme Court affirmed existing seat belt laws are adequate for vehicle safety. It stressed law enforcement agencies must ensure citize...
- Homebuyer paid for a flat in a Delhi housing society in 2003, got delayed possession, sought compensation for delay; SC defends his rightThe SC said that the homebuyer can make a claim for compensation for delayed possession. “The subsequent receipt of possession cannot, by i...
- Govt-appointed Unitech Board moves court seeking release of properties attached by EDThe ED, meanwhile, has informed the court that it is "willing" to release the properties. If the court approves the demand, it will allow t...
- Delhi High Court rejects Supertech homebuyers' plea to halt EMIsJustice Purushaindra Kumar Kaurav refused to entertain the more than 200 petitions filed by homebuyers, including the Supertech Urban Home ...
- NCLT dismisses homebuyers' petition to reject Lavasa insolvency resolution planThe homebuyers, in their petition, had sought the tribunal's intervention to declare the resolution plan submitted by Darwin Platform Infra...
- Consumer Commission admits suit against Omkar Realtors’ subsidiaryAbout 56 homeowners of ‘Ananta’, one of the projects of Omkar Realtors had approached the consumer forum alleging that the developer has fa...
- Company law tribunal can't compel parties to settle dispute in insolvency proceedings under IBC, says SCA bench comprising Justices D Y Chandrachud and A S Bopanna set aside the verdicts of NCLT and NCLAT which had asked the company to try to ...
- SC dismisses homebuyer’s petition challenging Wave group’s insolvency proceedingsWave Mega City Center (WMCC) Private Limited, a special purpose vehicle of real estate developer Wave group, had moved the National Company...
- Jaypee homebuyers move Supreme Court against NCLAT orderThe petition has been filed by a group 1000 homebuyers alleging that the NCLAT order passed on July 2 was in violation of IBC.
- Law amended to help homebuyers, SC toldReal estate companies have challenged the validity of Section 5(8)(f) of the IBC, 2016 which ensures inclusion of homebuyers as financial c...
- Homebuyers accuse Ireo MD, accomplice of Rs 10,000 crore fraudA group of homebuyers have sought a series of reliefs in an application to the Supreme Court demanding Ireo’s managing director, Lalit Goya...
- Unitech wants Supreme Court to stay NCLT order immediatelyThe order runs contrary to the top court’s direction to monetise the company’s assets and pay up dues to homebuyers, it argued.
- JAL files petition in SC looking to sell Yamuna Expressway tollThe court said it will hear the matter on October 23. Last month the top court had directed the company to deposit Rs 2,000 crore with it b...
- Homebuyers confront petition challenging legality of RERASeveral builders had filed cases in high courts of Bombay, Nagpur, Aurangabad, Bangalore, Jabalpur to challenge the recently enacted Real E...
- Loans given by banks can’t have lesser priority: IDBIThe stay came on a petition by the builder’s customers who were yet to get possession of their flats and said the insolvency proceedings le...
- Homebuyers of Jaypee Wish Town banking on IRPHomebuyers urged the apex court to declare homebuyers as ‘secured creditors’ to help them get first right on the company’s asset in case of...
- Jaypee homebuyers move Supreme Court against NCLT stayIt will hear the plea of flat buyers who alleged that they will neither get a home nor a refund on account of being "unsecured creditors".
- Consider giving possession of Kurla's Premier Residency flats: Bombay High Court to HDILBombay HC asked HDIL to consider handing over possession of ready flats at its Premier Residency proj at Kurla, saying developer & home buy...
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