'Article 370 offered very important protections that were related to people's day to day lives.'
In a relief to homebuyers, assets in a real estate project that have been handed over to the allottee would be kept out of the liquidation process of the company, the latest amendment to the rules by the Insolvency and Bankruptcy Board of India (IBBI) has said. The notification dated February 12 said: "For the purposes of clause (e) of sub-section (4) of section 36, wherever the corporate debtor has given possession to an allottee in a real estate project, such asset shall not form a part of the liquidation estate of the corporate debtor." Real estate experts call it a "pragmatic approach" by the regulator. "However, there are many cases where possession has not been given because the property is stuck in insolvency.
Restricted by state government orders, the ownership of such land could not be formally registered, so the advances made continued to be reflected in the accounts as 'advances against land'.
The Congress seems to have brokered peace with the main Opposition parties on the crucial food security and land acquisition Bills and ensured that they are not dependent on the whims and fancies of smaller parties. Renu mittal reports
Why is the government ignoring the advice of its own Economic Survey?
Ramesh says the best route now is to refer the amendments to Parliament's standing committee on rural development.
A court in New Delhi on Tuesday reserved its order on an intervention application claiming the intervenor was a "necessary party" to an appeal seeking restoration of Hindu and Jain deities in an alleged temple complex inside the Qutub Minar.
The land acquisition, the consolidation process in Kot and a slew of other decisions by the Haryana government to open the hills to privatisation and commercial activity run contrary to court orders, environmentalists' demand, and at times the Union government's measures to protect the Aravalli hills, say Nitin Sethi & Kumar Sambhav Shrivastava.
According to a confidential government paper seen by Reuters, several states want to do away with obtaining landowners' consent altogether in some cases and to cut through red tape which they say holds up development.
The go-ahead given to prosecute Arundhati Roy would be seen by supporters of freedom of speech as an announcement that the Right-Wing doesn't feel humbled by the results of the elections, argues Shyam G Menon.
Maybe Modi could ask a patriarch of the stature of the late G D Birla to flesh out the details of a new company to manage government land privatisation.
Malik said that some ministers have been talking about taking back PoK from Pakistan by force.
The Central Industrial Security Force, tasked with the security of the ED officials, are using high-resolution body cameras to keep track of activities around Soren's residence, he said.
Narendra Modi has proved through execution of this event in Ayodhya that amongst all his contemporaries in politics he knows ordinary Indians like none other, notes Sheela Bhatt.
'Perhaps the government should explain how the same scientific temper, which authored a precise landing for Chandrayaan-3, finds the periodic table and the theory of evolution not good enough for inclusion in the educational curriculum,' asserts Shyam G Menon.
The apex court-appointed forensic auditors had told the bench that Amrapali Group had entered into "sham agreements" with Rhiti Sports Management Pvt Ltd (RSMPL) which promotes the brand of Dhoni, to "illegally divert" home buyers' money and a total amount of Rs 42.22 crore was paid to RSMPL during 2009-2015. Dhoni had moved to the Delhi high court which, on October 16, 2019, had appointed its former judge Veena Birbal as sole arbitrator to arbitrate the commercial dispute between the cricketer and the real estate firm.
State's move is seen as a pilot for a national rollout of online land title records. Maharashtra plans to start the system in Mumbai.
If you're a beginner eager to embark on wealth-building journey in the real estate sector, Karan Shetty shares this comprehensive guide on how to get started.
The dealers operating in the space have jumped nearly three times over the past two years.
'We told the government that we won't dance to their tunes this time.'
The bold decisions are part of the Congress 'Nav Sankalp' declaration that was adopted at the end of the three-day 'Chintan Shivir in Udaipur, indicating that the party has chosen to put its weight behind the young leadership after a prolonged old-versus-new tussle.
The Supreme Court on Monday dismissed a petition filed by the Kerala government against the state high court verdict rejecting the pleas challenging the Centre's decision to lease out Thiruvananthapuram International Airport to Adani Enterprises Ltd.
The path-breaking Land Acquisition Bill, which seeks to provide just and fair compensation to farmers while ensuring that no land can be acquired forcibly, was passed by the Lok Sabha with overwhelming majority on Thursday.
Both states try to outsmart each other in felicitating the shuttler.
Unless Punjab has a chief minister who is able to look beyond community/vote bank politics, carry all sections of society, stop appeasing while addressing genuine concerns and break the stranglehold of the SGPC over Sikh affairs, my beloved home state is bound to die and conversions will be rampant, warns Sanjeev Nayaar.
Trivendra Singh Rawat on Tuesday resigned as the Chief Minister of Uttarakhand, ending days of speculations of a change in leadership in the hill state.
The rulers of the day need to be sensitive and involved in managing the identities of sacred spaces and the ongoing dialogues about the past in diverse societies, suggests Colonel Nikhil Apte (retd).
'Just because of my background and poor academic qualifications, most people disbelieve what I have done.'
'The so-called economic reforms are for the rich.' 'The government should not facilitate and entertain this kind of lust for land by the capitalists.'
'Individuals can consider dividing ownership of properties between related persons to ensure that the sale transactions are below the Rs 50 lakh limit and therefore not subject to TDS.'
'Javed Ahmed was no mastermind of the riots, and this is not mentioned in the FIR against him either.'
A meeting between Mann and several farmer leaders took place at Punjab Bhawan to discuss their demands, including a bonus on wheat and beginning paddy sowing from June 10, the sources said.
Any such acquisition, if at all, should only be in exceptional cases
Ganesh Chaturthi celebrations will not be held at Bengaluru's Idgah Maidan, the Supreme Court said on Tuesday while refusing to grant permission for the function and ordered status quo on the plot by both parties. Noting that no such function as Ganesh Chaturthi was organised at Idgah Maidan for the past 200 years, the top court asked the parties to approach the Karnataka high court for the resolution of the dispute.
Dismissing claims that Sikhs settled in Gujarat had been deprived of their land rights, Chief Minister Narendra Modi has assured his Punjab counterpart Prakash Singh Badal about their welfare.
On the face of it, some clauses in the new land ordinance looks pro-farmer but in reality it is not so. The problem is two-fold. The first is the vagueness of the law itself. The other problem with this ordinance is that it is against the very ethos of judicial interpretation, says Vidhan Vyas.
The plea said as the applicant was the "rightful and legal owner" of the property regarding which the original suit was filed, he was a "necessary party" in the appeal.
The Supreme Court on Friday said when the public interest is so clearly articulated and is an urgent and pressing exigency, private interests must give way to the extent required.
The Supreme Court had cancelled 204 such allotments.
August 15, 2023 became for me, an extraordinary Independence Day. I will remember it as the day the country's largest political party -- one that struts around like a colossus and tutors us in apt behaviour -- suddenly looked bankrupt in terms of ideas and had to take out a personal guarantee from the prime minister to underscore its capacity to deliver our future, observes Shyam G Menon.
