Consumer
The month of April saw major acquisitions and mergers happening across many indian companies, and to say $6.9 billion which came from forty nine deals, and the big boss Sun Pharma, is a very big deal would be justified. In the market of mergers and acquisitions, there were around forty two deals worth $1.8 billion [...] Continue Reading »
The Bhopal Municipal Corporation (BMC) has send notice to the owners of dilapidated buildings to demolish or reconstruct them as it poses risk to life of consumers, residents and shopkeepers. However, no actions have been taken regarding this from owners side yet. The BMC has marked around 217 buildings which are in bad shape and [...] Continue Reading »
The Maharashtra Housing Bill 2012 has finally been passed by both Houses of the Maharashtra legislature, which sets the stage for the development of the country’s first housing regulator and appellate board with substantial powers to protect the consumer and penalize the builders in case of any offense. The Bill has laid down the rules [...] Continue Reading »
Crescent Builders has filed a civil suit against real estate company Shapoorji Pallonji. In the case filed by the builder claiming Rs 105 crore as a damage for failing to redevelop property in central Mumbai within the stipulated time. The Janata Nagar Housing Society appointed Crescent Builders to redevelop their property in Tardeo. A MoU [...] Continue Reading »
The state consumer disputes redressal commission of Chandigarh has ruled that any incident of non-allotment of plots after receiving any payment will be considered as ‘deficiency in service‘. The judgment has been ruled out against a complaint filed by Suresh Lata Singla and Yash Paul Singla on August 9th 2010. The complainant has paid the [...] Continue Reading »
The Madras High Court has passed a rule that every consumer has to pay the water bill. It does not matter whether they consume water or not. According to the court orders, people who fetch water, who has a sewerage connection by the Board is a ‘consumer’. Therefore according to the rule every customer has [...] Continue Reading »
