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Secured Creditors v. Enforcement Directorate: Right To Attachment Of Property
Recently in the case of Standard Chartered Bank v. Deputy Director, Directorate of Enforcement, the Appellate Tribunal, Prevention of Money Laundering Act, New Delhi has clarified the anomaly...
India
23 Aug 2018
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Lenders Do Not Require Approval Of Allottees Or Maha RERA In Case Of Default By Promoter – Transfer Of Stake In A Promoter Company – Not A Transfer U/S 15 Of RERA
The Maharashtra Real Estate Regulatory Authority has vide its circular dated 8 November 2017 bearing Reference No 11/2017 given a welcome clarification to the provisions of Section 15 of The Real Estate (Regulation and Development) Act, 2016.
India
15 Nov 2017
3
Scheme For Sustainable Structuring Of Stressed Assets: RBI Takes The Leap Of Faith
In continuation of its policy to curb bad loans and arrest incipient stress in the system, the RBI introduced a new scheme on June 13, 2016 titled the ‘Scheme for Sustainable Structuring of Stressed Assets'.
India
1 Aug 2016
4
Bombay High Court Reverses The Auction Sale Of The Park Hyatt (Goa): Procedure Trumps Substance
The Bombay High Court, by its order dated 23 March 2016, reversed the sale, by public auction, of the Park Hyatt (Goa) Hotel by IFCI Limited to ITC Limited.
India
19 Apr 2016
5
Supreme Court (Un)Settles Stamp Duty Incidence For Multiple Lending Transactions
The High Court had observed that the stamp duty is payable on the instrument and not the transaction.
India
8 Sep 2015
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