Tag: Supreme Court

SEBI request SC to hear on all Sahara Cases

SEBI recently has requested Supreme Court to hear all the cases against Sahara. The market regulator demanded that all cases must be transferred to the apex court for its hearing. Securities and Exchange Board of India continues to be aggressive against Sahara firms. Recently SEBI has requested the Supreme Court to hear all cases against […]

Supreme Court asks Sahara firms, Roy to reply SEBI

Supreme Court has asked two Sahara firms and the group head Subrata Roy to answer the market regulator SEBI in a week. After hearing the contempt petition submitted by SEBI, Supreme Court has ordered two Sahara firms and the chairperson and managing worker of Sahara Group Subrata Roy to reply the petition of SEBI within […]

Unhappy with the Allahabad High Court Orders, Farmers Go On Rampage

After the Allahabad high court rejected the review petition of villagers in Noida Extension, a small section of farmers unhappy with the order went on a rampage targeting projects of several builders. Other farmers were, however, happy that the Allahabad high court had turned down the plea made by the Greater Noida Authority in its […]

All Power Of Attorney Property Deals got Banned in Delhi

In an order that puts thousands of property transactions in Delhi under a cloud, the revenue department has made all realty sales through transfer of general power of attorney null and void with retrospective effect from October last year. The order, dated April 27, directs all 13 sub-registrar offices, DDA and NDMC to follow the […]

SC orders Cooperative flat owners in Noida to register as per new circle rates.

NEW DELHI: Cooperative housing societies in Noida were dealt a major blow on Wednesday when Supreme Court ordered individual registration of their flats as per the prevailing circle rates. According to the Uttar Pradesh stamp department, the judgement would affect around 15,000 flat owners and leave the government richer by roughly INR 100 crore. A […]

Land sale Talk Buoys Maharaja Shree Umaid Mills

Maharaja Shree Umaid Mills is close to selling off its 22000 square yards of property in downtown Jaipur, which housed its registered office. According to market sources, property is fetching the company around Rs 200 crore. Mr L. N. Bangur, Chairman and Managing Director of the company, told that until the company received the consideration […]