Mahindra World City Developers Limited vs Inspector General Of Registration on 19 November, 2024
Madras High Court Mahindra World City Developers Limited vs Inspector General Of Registration on 19 November, 2024 Author: P.T. Asha Bench: P.T. Asha W.P.No. 12238 of 2024 IN THE HIGH COURT OF JUDICATURE AT MADRAS Dated : 19.11.2024 CORAM THE HONOURABLE Ms. JUSTICE P.T. ASHA W.P.Nos. 12238 & 29740 of 2024 W.P.No.12238 of 2024: Mahindra […]
Padmavathi vs The Inspector General Of Registration on 20 December, 2024
Madras High Court Padmavathi vs The Inspector General Of Registration on 20 December, 2024 Author: G.K.Ilanthiraiyan Bench: G.K.Ilanthiraiyan 2025:MHC:131 BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED: 20.12.2024 CORAM THE HONOURABLE MR. JUSTICE G.K.ILANTHIRAIYAN W.P (MD).No.31296 of 2024 Padmavathi … Petitioner Vs. 1.The Inspector General of Registration, Office of the Inspector General of Registration, […]
RBI cancels registration of Mumbai-based X10 Financial Services, ET LegalWorld
The Reserve Bank of India on Tuesday said it has cancelled registration of X10 Financial Services Ltd, a non-banking financial company (NBFC), due to irregularity in its digital lending operations. The Mumbai-based company was providing loans through several service providers (mobile apps), including Wecash Technology, XNP Technology, Yarlung Technology, Xinrui International, Omelette Technology, Mad-Elephant Network […]
Relief for home buyers, SC grants exemption to Unitech housing projects from RERA registration, ET LegalWorld
Coming to the rescue of thousands of home buyers and facilitating disbursal of their stalled loans for flats constructed by real estate firm Unitech Ltd, the Supreme Court on Thursday granted exemption from registration under RERA for different housing projects located in seven states. A bench of Justices Surya Kant and N Notiswar Singh said […]
SC allows extension of registration period of 3 special protection vehicles, ET LegalWorld
The Supreme Court on Monday extended by five years the registration period of three specialised armoured diesel vehicles belonging to the special protection group (SPG). A bench of Justices Abhay S Oka and Manmohan was hearing a plea filed by the SPG challenging an order of the National Green Tribunal (NGT) refusing to allow the […]
Delhi HC stays registration of ‘Jack Daniel’s’ mark by another entity, ET LegalWorld
The Delhi High Court stayed the registration of trademark “Jack Daniel’s” by another entity, noting the operation of the mark will cause irreparable harm to the well-known alcohol brand Jack Daniels Properties Inc. Justice Amit Bansal, in an interim order, said a prima facie case was made out in favour of the alcohol brand company […]
RBI cancels registration of Nagpur-based Zavron Finance, ET LegalWorld
The RBI on Monday said it has cancelled the certificate of registration of Nagpur-based Zavron Finance due to irregular lending practices. Zavron Finance has violated RBI guidelines on code of conduct in outsourcing of financial services in its digital lending operations by outsourcing its core decision-making functions such as credit appraisal, loan disbursal, fixing of […]
Sebi simplifies registration of certain categories of FPIs, Legal News, ET LegalWorld
To facilitate ease of onboarding of Foreign Portfolio Investors and reduce duplication of available information, markets regulator Sebi on Tuesday said applicants can choose to fill either the entire Common Application Form (CAF) or an abridged version with unique fields. If the abridged form is chosen, the remaining fields should either be auto-populated from the […]
No RERA registration unless a property meets this eligibility in Maharashtra, clarifies MahaRERA, ET LegalWorld
The Maharashtra Real Estate Regulatory Authority (RERA) has issued an order clarifying the conditions for real estate projects to be eligible for RERA registration in the state. This new circular clarifies exactly which projects are eligible to be registered with RERA and also provides a clarification regarding the commencement certificate and the completion certificate within […]
Noida Mandates Flat Registration for Homebuyers Amid Real Estate Scandals, ET LegalWorld
Signing a tripartite ‘sale agreement’ at the time of purchase will be mandatory for builders and homebuyers in all new housing projects in the city. The Noida Authority board on Saturday made a basic change in the way real estate transactions are conducted in the city, through which it will know who a flat has […]