A home loan is a secured loan that is obtained to purchase property by offering property to be purchase as collateral. Looking at current property rates in different cities and…
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The Reserve Bank of India (RBI) has recently implemented regulatory measures aimed at addressing the rapid growth in consumer credit and the increasing dependency of Non-Banking Financial Companies (NBFCs) on…
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‘Home’ brings to mind comfort, joy, pride and family time. Every homeowner will tell you that her home gives her a sense of identity and its ownership is sacrosanct; this is…
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Facts of the Case Insitel Services Pvt. Ltd. Versus Union of India The petition has been listed before this Bench by the Registry in view of the urgency expressed therein.…
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FinanceRBIReal Estate
The Insolvency and Bankruptcy Board of India (IBBI) proposes changes to rules for insolvency resolution process in Realty Projects
The Insolvency and Bankruptcy Board of India (IBBI) has proposed five broad changes, including operating a separate bank account for each real estate project, executing registration/sublease deeds with approval of…
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RBI
RBI Permits Non-resident Investment in Government-issued SGBs via ‘Fully Accessible Route’ for F.Y. 2023-24
The Reserve Bank of India (RBI) has recently issued a circular (RBI/2023-24/81) expanding investment opportunities for non-residents in the Government Securities market. The circular, dated November 08, 2023, includes Sovereign…
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Companies (Amendment) Bill, 2020 was introduced in Lok Sabha on 17-3-2020. The Bill was passed and converted into Act by Parliament on 28-9- 2020. Various provisions of the Amendment Act…
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Budget 2022 has introduced the new section 139(8A) in Income Tax Act, 1961. Refer budget update @Â Introduction of new Income Tax ‘Updated’ Return Type. Section 139(8A) enables the filing of…
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Real Estate
Landmark Judgment by Supreme Court of India on Adverse Possession: Govt. Of Kerala vs Joseph on 9 August, 2023
Supreme Court, in its recent decision of Government of Kerala & Anr. V. Joseph and Others discussed several principles concerning the adverse possession. When Adverse Possession Is Claimed Over Government…
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The Reserve Bank of India (RBI) has asked banks to maintain an incremental Cash Reserve Ratio (ICRR) of 10 per cent on the increase in their deposits between May 19 and July…
