Court Orders
The Maharashtra State Consumer Disputes Redressal Commission recently ordered two builders to pay a total of Rs 29 lakh to the LIC Housing Finance Ltd. The decision came after the builders had failed to hand over flats to three city residents who had booked them in 2003. The three buyers field three separate complaints in [...] Continue Reading »
The festive season fails to cheer builders of Mangalore. Karnataka State Pollution Control Board (KSPCB) have sent closure notices on crusher units in the state following a Supreme Court directive. As a result, construction and development activities have come to a halt. Of the 3,700 crusher units units across Karnataka, 200 units are in the [...] Continue Reading »
Bruhat Bengaluru Mahanagara Palike (BBMP) has been asked by the High Court to maintain buildings allotted to its staff and ensure livable condition in them. The high court has directed the BBMP commissioner to temporarily evict the occupants of a BBMP residential complex at Kumbaragundi, JC Road, until it is fit for human habitation. The [...] Continue Reading »
Brihanmumbai Municipal Corporation(BMC) has challenged a Bombay High Court (HC) verdict asking it to pay an amount of Rs 50 crore as collective bonus to 40,000 employees. The BMC has been arguing that it has no responsibility to pay bonus as employees had struck work last year. The BMC employees had gone to strike last [...] Continue Reading »
A division bench of Hyderabad High Court has directed Ganesh Utsav Samitis, amicus curiae D. Prakash Reddy and G. Vidyasagar and other stakeholders to attend a meeting to be held by the Andhra Pradesh Pollution Control Board (APPCB). The meeting is scheduled on September 18. The samitis and stakeholders are asked to submit a report to [...] Continue Reading »
In the ongoing tussle, the Bombay high court has settled a long-pending property tax row in favour of the Brihanmumbai Municipal Corporation (BMC). The court ruled that the civic body can fix property tax on the building based on the actual rent charged. The verdict is the latest in the saga of tax tussle between [...] Continue Reading »
In an arbitration petition filed by Tata Capital against Deccan Chronicle Holdings Ltd (DCHL) for recovery of a Rs 101 crore loan, the Bombay High Court has restrained DCHL from selling or disposing of its building in Lower Parel area of Central Mumbai. The High Court also ordered attachment of six accounts of DCHL in [...] Continue Reading »
The recent Supreme Court ruling against Sahara Group implies an indictment of not only Sahara but the regulatory system as a whole. Sahara India Real Estate Corporation (SIREC) and Sahara Housing Investment Corporation (SHIC) were instructed by the Supreme Court to refund over Rs 24,000 crore collected through optionally fully convertible debentures (OFCDs). Sahara case [...] Continue Reading »
In a influential verdict, the Delhi High Court has ruled that in case of employees living in company-leased accommodation, money spent on repairs and renovations of such residences is not taxable. The ruling is set to have far reaching impact. If unchallenged in the Supreme Court, it implies those living in company-provided accommodation will not [...] Continue Reading »
The Delhi government got a boost as pleas against the government’s legislation levying property tax were rejected. Delhi government had passed a legislation empowering the corporations to levy property tax on the basis of unit area hold by the owner. Many individuals pleaded with the court to declare the Delhi Municipal Corporation (Amendment) Act, 2003, [...] Continue Reading »
