HC to hear Sahara case after SEBI probe
The Lucknow bench of the Allahabad high court will hear the Sahara Group versus Securities and Exchange Board of India (SEBI) case only after the capital markets regulator completes its probe.
Search Results: Supreme Court (142)
Sahara realty gets notice for using third-party account
Sahara group companies, which raised Rs.4,843 crore by issuing optionally fully convertible debentures (OFCDs), is not using its own bank account to handle this money.
CAG raps IT over tax claim on Hasan Ali
The Comptroller and Auditor General (CAG) said in a report released on Friday that the Income-Tax Department (I-T) understated claims on Pune-based businessman Hasan Ali.
Realtor and Raja aide found dead
Sadiq Batcha, a longtime friend and associate of A Raja and managing director of a real estate company, Green House Promoters, in which Raja’s wife Parameswari was associated as one of the directors and later resigned, has been found dead.
Has ED let realtor Hasan Ali slip?
It seems to be a box-office-hit bollywood potboiler where a billioner realtor is interrogated as many as 29 times over a period of four years, gets arrested on charges of money laundering. But in the end manages the investigation and a weak case is what makes him laugh away at the system.
Realtor Hasan Ali sent to ED Custody
Pune-based real estate developer Hasan Ali Khan, who was arrested on late Monday night by the Enforcement Directorate, was remanded by the sessions court to ED’s custody on Tuesday. Khan was kept at JJ Hospital for most part of the day, as he complained of high blood pressure.
How Worli’s Vallabhai Patel Stadium was turned into a shopping mall
Seven years ago, the managing committee of the National Sports Club of India (NSCI) suddenly started breaking down the existing Vallabhbhai Patel Stadium to start building–what they led everyone to believe–would be Mumbai’s first international Olympic size indoor stadium. The project was conceived in 2003 to be worth around Rs 40 crore and scheduled to be completed in 18 months. Seven years and Rs 200 crore later, it still isn’t functional, but the superstructure is ready.
CBI, Radia and reality of Unitech
The CBI investigation into the 2G spectrum scam is learnt to have zeroed on how lobbyist Nira Radia and former telecom minister A Raja circumvented all the norms to benefit the real estate company Unitech. The loss caused to the public exchequer and corresponding gain to the realty company is not confined to mere arbitrary granting of second-generation mobile telephony licenses.
Dosti Realty offers IKEA furnished homes with ‘Dosti West County’
Under this offer, buyers who will be purchasing home in any of the two towers of Dosti West County i.e Dosti Oak (Phase-1) a 30 storey tower and Dosti West County – Dosti Cedar (Phase-2) a 33 storey tower with the configuration of 2 BHK and 3 BHK will not only be entitled to get the benefit of furnished homes by IKEA, but will also be able to avail the benefit of ‘No Stamp Duty and Registration Charges’ which will be valid till August 5, 2019.
Legal limits & liability of homebuyers’ associations
The homebuyers’ acting as de facto consumer courts raises a fundamental question as to whether any of these buyers’ associations have any legal right to intervene suo motto and address the grievances of the buyers. The legal opinion is pretty clear on this.