In the second part of the series, Yash Jariwala takes a look at the penalties prescribed under the Real Estate (Regulation and Development) Act, 2016, and the procedure to be adopted for the same. He also looks into the powers of the RERA to take a project away from the developer and to hand it to the association of allottees for completion.
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Articles & Whitepapers
In this two part series Yash Jariwala and Pranay Dave from the Chambers of Amir Arsiwala take a look at the Real Estate (Regulation and Development) Act, 2016. In the first part, Pranay Dave provides an overview of the legislation starting with its legislative history. He then goes on to note the authorities being created under the legislation including their scope and powers.
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In this webinar, we took a look at the concept of "Force Majeure" as it exists in the Indian law - more specifically the Contract Act, 1872. More importantly we took a look at how the COVID-19 pandemic and the concepts of Force Majeure affect certain common types of commercial transactions such as Leases, Leave & License Agreements, Infrastructure Agreements, and Bank Guarantees.
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