Legally Bharat

Bombay HC rules real estate disputes under RERA non-arbitrable, ET LegalWorld

MUMBAI: The Bombay High Court has ruled that a dispute between an individual allottee and a promoter covered by RERA is non-arbitrable. The jurisdiction of the Real Estate Regulatory Authority, established under the provisions of the Real Estate (Regulation and Development) Act, 2016 (RERA), is not ousted, even if the agreement between the promoter and […]

NCLAT denies approval for JAL scheme of arrangement amid legal disputes, ET LegalWorld

Highlights The National Company Law Appellate Tribunal ruled that the events leading to the filing of Section 7 application against Jaiprakash Associates Limited were significant factors for the National Company Law Tribunal’s decision to not approve the Scheme of Arrangement. The National Company Law Tribunal deemed the ongoing litigation regarding the assets in question as […]