NCLAT set aside insolvency proceedings against Mahagun, asks NCLT to hear again

New Delhi, Nov 7 (PTI) In a major relief to realty firm Mahagun, the National Company Law Appellate Tribunal (NCLAT) has set aside insolvency proceedings against it and directed the NCLT to hear the petition afresh, considering the fresh status report filed before it over the projects. The National Company Law Appellate Tribunal (NCLAT) has […]

Do real estate projects that begin sales and marketing only after obtaining an OC require RERA registration?

Rahul Sharma (name changed), a 30-year-old prospective homebuyer, recently visited a completed apartment project. During his visit, he noticed that the project did not display a Real Estate Regulatory Authority (RERA) registration number. When he inquired, the developer explained that no RERA registration was obtained because the project was neither marketed nor sold before receiving […]