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Ecogreen directed by SEBI not to raise public money

Ecogreen directed by SEBI not to raise public money
Ecogreen Real Estate has been banned from mobilizing funds from public investors as well as from launch any new scheme. It was noted by SEBI that Uttar Pradesh based company was inviting applications to book plots of residential/commercial land under ‘Land-Linked – One Time Payment Plan’ scheme. The plan seems to be unauthorized ‘Collective Investment [...] Continue Reading »

Sahara submits new proposal in SC for refunding Rs 20,000 cr

Sahara submits new proposal in SC for refunding Rs 20,000 cr
The Sahara group made fresh proposal before the SC for refunding Rs20, 000 crore to investors to make sure the release of its chief Subrata Roy who has been in jail with company’s 2 directors since 4 March. In the proposal, the Sahara group gives the surety to deposit Rs2,500 crore within three working days [...] Continue Reading »

GMR turns to HC on UDF charges

GMR turns to HC on UDF charges
The GMR has moved the AP High Court challenging the decision of the Airports Economic Regulatory Authority (AERA) in discontinuing collection of user Development Fee for the next two years. The GHIAL has concluded that the AERA has no jurisdiction to fix the UDF and it was the Central government of India who has power [...] Continue Reading »

Case pending in HC but NHAI fells huge neem tree at Mankapur

Case pending in HC but NHAI fells huge neem tree at Mankapur
The NHAI felled a huge neem tree for road widening near the sports complex on Mankapur Road despite public interest litigation (PIL) pending in the Nagpur bench of Bombay High Court. The National Highway Authority of India (NHAI) seems to be behaving as if it is above the law. The division bench of Justice BR [...] Continue Reading »

CBI gives clean chit to Digivijay Singh in land allotment case of Indore

CBI gives clean chit to Digivijay Singh in land allotment case of Indore
Before Lok Sabha elections, the Congress general secretary Digvijay Singh gets relief from CBI, as the agency gave clean chit to him in a 2008 case of land allotment in Indore for a mall. The CBI, in the report, says that there were evidences found against Digvijaya. He was accused of changing the laws to [...] Continue Reading »

HC pulls up Uttarakhand govt on illegal construction

HC pulls up Uttarakhand govt on illegal construction
The Uttarakhand high court, on the illegal construction of the 13th floor of the palatial Swami Kailashanand Mission Trust building near Lakshaman Jhula in Rishikesh, has sought the state government’s response. The chief secretary has been directed by a single bench of Justice Alok Singh to personally scrutinize the matter and file an affidavit along [...] Continue Reading »

High Court questions DDA to take call on Kathputli ‘residents’

High Court questions DDA to take call on Kathputli ‘residents’
The HC clears the path for the relocation of the Kathputli Colony by rejecting the petition against the resettlement plan. Justice Hima Kohli questioned the petitioners who are claiming to be the residents of the Kathputli Colony to go to the Delhi Development Authority (DDA) for the injustice and told the land-owning agency to take [...] Continue Reading »

HC bans reclamation, development across all state wetlands

HC bans reclamation, development across all state wetlands
A total ban on recuperation and creation on wetlands in Maharashtra which called for timely action against violations was ordered on Wednesday by the Bombay high court. A wetland is any land bordering a water body, which gives a distinct eco-system. This could be coastal or inland and include mangroves, marshes and swamps. Justices V [...] Continue Reading »

Court admits PIL on cluster redevelopment

Court admits PIL on cluster redevelopment
A complaint was filed in the Bombay high court by a Thane resident claiming that two civic bodies had authorized cluster redevelopment in their areas without doing any impact evaluation study of the scheme. On March 19 hearing will be done on the PIL filed by Dattatray Daund. Daund alleged that impact assessment study should [...] Continue Reading »

Adarsh case: FIR against ex-CM sought

Adarsh case: FIR against ex-CM sought
On Tuesday an activist filed an application in the special CBI court investigating on the Adarsh housing scam case seeking the registration of an FIR against a former chief minister who was also a revenue minister. On Thursday hearing will be done on the matter. Praveen Wategaonkar, an activist filed a PIL of case in [...] Continue Reading »



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