The Real Estate today is one of the biggest sectors and a driving force of the Indian economy. However it is not without any deficiencies, the foremost being unexplainable delay on the part of builders in delivering possession to the customers who invest their hard earned money in the hope of having a dream home.…
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Law governing insolvency, liquidation and reorganisation has seen a paradigm shift with the enactment of the Insolvency and Bankruptcy Code (”the Code” or IBC for short). The fundamental change in approach to the law relating to insolvency and reorganisation of defaulting or non performing business entities is aimed at maximising value of assets, promote entrepreneurship,…
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The Karnataka Electricity Regulatory Commission (“KERC”) has issued a discussion paper dated 24th August 2020 inter alia proposing to discontinue the banking facility extended to solar, mini-hydel, and wind power projects henceforth, for both REC and Non-REC route-based projects. The proposal is twofold- a) to not provide any banking facility for such power projects and…
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