Recent changes to CIRP Regulations streamline the process by allowing the handover of the unit’s possession to homebuyers while the resolution process is still ongoing.
The state government has notified amendments to the Tamil Nadu Combined Development and Building Rules, 2019, to permit applicants to secure instant building permits via self-certification.
The Karnataka Scheduled Castes and Scheduled Tribes (Prohibition of Transfer of Certain Lands) Act, 1978 was enacted in 1979 to safeguard against exploitation.
This article provides a clear breakdown of the new circular pertaining to the change of use or non-agricultural use of land in Maharashtra.
The Insolvency and Bankruptcy Board of India has brought in certain amendments to streamline and optimise the insolvency resolution process.
The Government has notified rules to regulate the grant of lease of offshore areas for offshore wind energy and wind transmission projects.
In Tamil Nadu, the revised fee structure ostensibly proposes a ‘reduction’ in stamp duty and registration fee for the first sale of flats.
The Tamil Nadu Apartment Ownership Act, 2022, seeks to address the issues not comprehensively touched upon or dealt with by the 1994 Act.
Though IBBI’s paper addresses the issues faced in the insolvency processes of real estate projects, the draft regulations need fine-tuning.
The Swiss Challenge Model has been developed as one of the methods for bidding to identify a bidder for awarding the PPP project.
