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Noida Authority Seals Lotus Panache Towers: A Strong Message on Compliance and Accountability
The recent action taken by the Noida Authority against the Lotus Panache real estate project marks a crucial moment in the enforcement of urban development laws and regulatory discipline. Acting against long-standing violations, the Authority sealed three under-construction...
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Supreme Court: Mere Use of the Word “Arbitration” Does Not Constitute a Valid Arbitration Agreement
In a significant judgment reinforcing the fundamentals of arbitration law in India, the Supreme Court has clarified that the mere presence of the word “arbitration” in a clause does not automatically create a binding arbitration agreement. What matters...
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Taxed but Unregulated: The Legal Vacuum in India’s Cryptocurrency Framework
India’s approach towards virtual digital assets (VDAs) remains a unique paradox — strict taxation without a clear regulatory framework. While the government has imposed a flat 30% tax on all crypto gains and a 1% TDS on every...
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RERA over IBC: Supreme Court’s Course-Correction in Real Estate Insolvency
In a significant and reformative judgment, the Supreme Court has provided much-needed clarity on the long-debated overlap between the Real Estate (Regulation and Development) Act, 2016 (RERA) and the Insolvency and Bankruptcy Code (IBC). The Court has held...
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Supreme Court Sets Up High-Level Committee to Resolve 20-Year Stalled Housing Project in Greater Noida
The Supreme Court of India has taken a major step towards delivering long-awaited justice to hundreds of distressed homebuyers by appointing a special committee to resolve the long-stalled Shiv Kala Charms Housing Project in Greater Noida. The project,...
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