Amendments to Real Estate (Regulation and Development) Bill, 2013
By Varsha G Subramanian Introduction Until 1980s, real estate development and housing construction was primarily the concern of State institutions with very few private promoters. Although, liberalization of the economy, led to several private players
Make in India causes American discontent: Notes on World Trade Organization dispute DS456
By Srinivas Atreya Chatti, Associate Introduction Even as the Government of India has initiated focussed efforts to develop proper infrastructure for generation of solar energy in the country, some aspects of its implementation program have become
At par cheque issue – Supreme Court dismisses Special Leave Petition against Bombay HC verdict
By Shuchi Mehta On March 20, 2015, the two judges bench of the Supreme Court of India dismissed as withdrawn a Special Leave Petition (“SLP”) arising out of a judgment of the High Court of Judicature
Commissioner of Central Excise, Delhi-I v. Hero Honda Motors Ltd.
By Shuchi K Mehta The Honorable CESTAT Delhi in Commissioner of Central Excise, Delhi-I v. Hero Honda Motors Ltd. [1], allowed the Cenvat credit in respect of mirror assembly, sari guard and tool kit (“impugned goods”)
Buyer’s right to refuse possession of flat upheld in case of delay in construction by developer
By Varsha G. Subramanian In a recent case[1], the National Consumer Disputes Redressal Commission (“Commission”) disposed off three complaints regarding inordinate delay in construction of the projects in favour of flat buyers. The Complainants had
Liberalisation of foreign exchange regulations
By Varsha G Subramanian Enhanced limit under the Liberalized Remittance Scheme (“LRS”) The Reserve Bank of India (the “RBI”) introduced LRS in 2004 to allow remittances outside India. Under the scheme, resident individuals are permitted
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