News Muncher - category allottees

3 weeks, 6 days ago

1:10 stock split effect: Multibagger SME stock turns ₹1.50 lakh of IPO allottees into ₹51 lakh in 9 years

SME stock Hi-Tech Pipes have given exceptional to its investors in the long term. Stock Split and IPO details Hi-Tech Pipes announced a stock split in January 2023, reducing the face value of each share from ₹10 to ₹1, effectively splitting one share into ten. Earnings Performance Hi-Tech Pipes reported a consolidated net profit of ₹18.11 crore in the September …

Stock Split Stock Investors Crore Lakh Shares Split

1 month ago

Multibagger IPO: Apollo Micro Systems share gives 250% returns to allottees in 7-year

Live Mint

Multibagger IPO: Apollo Micro Systems shares, which made their debut on the exchanges on January 22, 2018, have gained substantially since their listing, delivering multibagger returns to investors. Apollo Micro Systems share price has given 250% returns to allottees in nearly seven years. Though Apollo Micro Systems share price has corrected from the high of ₹147.50 hit in February 2024 …

Price Share Systems Returns Micro Multibagger Returns Issue Apollo

1 month, 1 week ago

IBBI Releases Discussion Paper On Real Estate Issues, Suggests Inclusion Of Land Authorities In CoC Meetings

Live Law

On 7th November, 2024, the Insolvency and Bankruptcy Board of India has released a discussion paper on the issues related with the Real Estate with seven proposals. Proposed Inclusion of Land Authorities in Committee of Creditors Meetings In corporate insolvency resolution processes involving real estate companies land authorities are crucial but currently they not represented in the Committee of Creditors. …

Land Proposal Estate Real Authorities Suggests Allottees

2 months ago

Multibagger IPO: Blue Pebble Limited Soars 126% in 6 Months

Live Mint

Blue Pebble Limited's SME IPO has witnessed impressive performance in the past six months, with its stock soaring by 126% since its IPO debut. The stock reached an all-time high of ₹379.65 in intra-day trading on Monday, October 21, 2024, but experienced a 5.5% dip in intra-day trading due to some profit booking. Despite this, the stock has witnessed significant …

Law Funny Finance IPO Performance and Subscription Details Mumbai

2 months, 1 week ago

Chandigarh Housing Board failed to recover ₹45 cr in licence fees from small flat allottees: Audit

Hindustan Times

From non-recovery of licence fees/rent from small flat allottees to delayed deposit of licence fees/rent into the government account, Chandigarh Housing Board is rife with irregularities, an audit by the director general of audit, Chandigarh, has found. Chandigarh Housing Board, an undertaking of the UT administration, was established in 1976 to provide affordable and quality housing to individuals lacking shelter …

Board Fees Audit Chandigarh Licence Chandigarh Housing Board Licence Fees

3 months ago

Promoters arm-twisting allottees in UPRERA’s sights

Hindustan Times

Promoters compelling allottees to take possession of units on terms and conditions not mentioned in the original sale agreement are on UPRERA’s radar. For representation only The regulatory authority has received complaints from allottees that promoters are offering conditional possession of units by means of a declaration or agreement and forcing them to sign it. The UPRERA has also received …

Sale Agreement Rera Uprera Possession Allottees Sights Promoters

4 months, 2 weeks ago

Tiles fall off at new built DDA flat in Dwarka

Hindustan Times

Five pieces of tiles fell off from the external walls of the first luxury segment society of the Delhi Development Authority at Sector 19B in Dwarka on Sunday morning and one of the homebuyers had a narrow escape. The incident took place at a time when DDA started handing over physical possession of flats at the Golf View Condos since …

Flat Possession Dda Allottees Full Payment Tiles Fell

4 months, 3 weeks ago

Enhancement charges: Panchkula Sec 20 RWA writes to CM for re-calculation

Hindustan Times

Seeking the re-calculation of enhancement charges, the resident welfare association of Sector 20, Panchkula has sought CM’s intervention. The association had urged the CM to abolish enhancement of land acquisition for purposes like roads, parks etc and also requested waiving-off interest on principal amount. It was also mentioned that HSVP will give a rebate of 20% and 10% on the …

Land Rwa Hsvp Enhancement Calculation

5 months ago

Chandigarh Housing Board cancels allotment of 16 small flats

Hindustan Times

The Chandigarh Housing Board on Monday cancelled allotment of 16 small flats over non-payment of dues. The CHB has allotted approximately 18,138 flats under the Small Flats Scheme, including 2,000 flats under the Affordable Rental Housing Complex scheme. Board officials stated that allotment of around 16 small flats had been cancelled in accordance with Clause 16 of the Chandigarh Small …

Crore Chandigarh Housing Board Chb Small Maloya Flats Allottees

5 months ago

100 more allottees of Arkavathy layout in Bengaluru to get alternative sites

New Indian Express

BENGALURU: The controversial Arkavathy Layout issue that had bogged the Bangalore Development Authority for years is inching towards a resolution with many allottees coming forward to accept the solution in sight --alternative sites at Nadaprabhu Kempegowda Layout. Those who lost their sites have been waging a long battle to get alternative sites either going to courts or by holding repeated …

Bengaluru Alternative Sites Bda Allotment Allottees Layout

6 months, 1 week ago

NCLT New Delhi Initiates Insolvency Proceedings Against Revital Reality Private Limited For Financial Debt And Default

Live Law

The National Company Law Tribunal Court V, New Delhi bench of Mahendra Khandelwal and Dr Sanjeev Ranjan has initiated insolvency proceedings against Revital Reality Private Limited noting that it failed to deliver possession of the residential units within the stipulated time frame. The bench noted: “…it is clear that the applicants are Financial Creditors and the debt owed to them …

Corporate Financial Nclt Possession Petition Default Allottees

6 months, 1 week ago

UP RERA Releases Model Format Of Offer Of Possession Letter To Protect Homebuyers Interest

Live Law

Uttar Pradesh Real Estate Regulatory Authority has issued a directive aimed at curbing the arbitrary practices of real estate promoters in issuing Offer of Possession letters. Key Points Promoters must issue Offer of Possession letters to. Key Points Promoters must issue Offer of Possession letters to allottees in the same format available on the UPRERA Portal. Offer of Possession letters …

Promoters Rera Letter Possession Offer Letters Allottees

6 months, 3 weeks ago

17,000 of Yeida’s 34,000 allottees yet to get possession

Hindustan Times

GREATER NOIDA: A report prepared by the Yamuna Expressway industrial development authority containing the database of all properties has revealed that at least 17,000 of the total 34,000 plot allottees are without possession due to court disputes over land pending, in the Allahabad High Court. YEIDA compiled the database of its over 34,000 plot allottees, following a survey in industrial, …

Sectors Plot Issues Authority Database Plots Yeida

7 months ago

Mere Allotment Of Property Without Registration Does Not Confirm Allottee's Title: Karnataka High Court

Live Law

The Karnataka High Court has held that the wife of an original allottee becomes the absolute owner of the property if, before registration of property, the allottee died and thereafter on making the necessary payment the property is transferred in the woman's name. The court said “Even though the property has been allotted in favour of K.Thippanna, he died before …

Property Court Registration Title Partition Kar Bda

7 months, 1 week ago

CHB allottees vexed by delayed need-based change policy

Hindustan Times

They comprise 40% of the 6 lakh voters of Chandigarh and they are feeling ignored. Resentment prevails among dwellers of most of the 60,000 Chandigarh Housing Board dwelling units who have been seeking a solution to the need-based changes policy that has been pending for a decade. Around 4,000 flats were to be built in Sectors 52, 53, and 56 …

Housing Chandigarh Chb Scheme Flats Ut Employees

9 months, 3 weeks ago

Nova Agritech shares give 70% return to allottees within one month of listing

Live Mint

Indian stock market today: Nova Agritech IPO listed on BSE and NSE on 31st January 2024 at a whopping premium of nearly 34 percent against Nova Agritech IPO price band of ₹39 to ₹41 per equity share. Nova Agritech share price further surged after making a dream debut on Dalal Street and went on to touch a record high of …

Price Share Nova Equity Share Agritech Nova Agritech Ipo Nova Agritech Shares

10 months ago

Relief for homebuyers: Allotted flats will not be part of liquidation process, says insolvency and bankruptcy board

Hindustan Times

In a relief to homebuyers who had been given possession of their homes but were left in a lurch after the builder’s company was declared insolvent, the Insolvency and Bankruptcy Board of India, in its latest amendment, has said that assets in a real estate project that have been handed over to the allottees would be exempted from liquidation process. …

Corporate Insolvency Homebuyers Resolution Professional Process Units Amendment

10 months, 3 weeks ago

Gurugram lists paid services for affordable housing

Hindustan Times

The department of town and country planning on Thursday issued a long-awaited clarification regarding the charging of maintenance fees from allottees of affordable housing projects in the state. There are around 150 affordable housing projects in Gurugram and the allottees have been paying the maintenance fees at the rate of ₹3 psf to ₹4 psf due to lack of clarification …

Services Maintenance Home Buyers Fees Cost Department Bear

11 months ago

Multibagger IPO: SME stock gives 350% return to allottees in 15 months

Live Mint

Multibagger IPO: Investing in an Initial Public Offering is like investing in a business. The SME stock listed on the BSE SME exchange at ₹300 apiece level on 21st October 2022, delivering a whopping 200 per cent return to the lucky allottees. Phantom Digital Effects share price is currently oscillating around ₹460 per share level, which is more than 350 …

Indian Stock Share Sme Lakh Ipo Investor

11 months, 3 weeks ago

Multibagger IPO: SME stock doubles allottees money in one moth of listing

Live Mint

Multibagger IPO: The initial public offering of ROX Hi-Tech Limited was launched in first fortnight of November 2023. Amid overcrowded primary market, ROX Hi-Tech IPO listed on 16th November 2023 at ₹135 apiece levels, delivering a whopping premium of over 62 per cent against the upper price band of ₹83 per equity share. ROX Hi-Tech share price continue to surge …

Price Share Issue Listing Equity Share Rox Sme Stock

1 year ago

Top multibagger IPOs of 2023: These 5 IPOs gave up to 240% return this year

Live Mint

Multibagger IPOs in 2023: As we are just a fortnight away from the new year 2024, it is very important to scrutinize your portfolio and the kind of return you have got from various asset investment. The public issue of this state-owned PSU was launched at ₹30-32 per equity share and the public issue listed on BSE and NSE at …

Equity Price Share Public Cent Bse 2023

1 year ago

Monthly Digest Of IBC Cases: November 2023

Live Law

Supreme Court IBC Resolution Plan Can't Ignore Government Dues: Supreme Court Dismisses Review Petitions Against 'Rainbow Papers' Case title: Sanjay Agarwal v. State Tax Officer Citation: 2023 LiveLaw 939 The Supreme Court has dismissed a batch of review petitions filed against a 2022 judgment which held that the definition of a secured creditor under the Insolvency and Bankruptcy Code, 2016 …

Law India Supreme Court Court Resolution National Corporate Debtor

1 year ago

150 HSVP plot allottees get notice to pay ₹50L-1cr more

Hindustan Times

Over 150 allottees of HSVP plots in Sector 110 A were shocked when the authority sent them enhancement notices ranging between ₹50 lakh to ₹1 crore that has to be paid by them under the final terms of settlement. The HSVP issued the notices after land owners, whose land was acquired by the authority approached a local court and then …

Hsvp Issued Enhancement Notices 150 Plot

1 year, 1 month ago

Section 7 Petition Seeking ‘Joint’ CIRP Of Separate Corporate Entities Involved In Common Real Estate Project Is Maintainable: NCLAT Delhi

Live Law

The National Company Law Appellate Tribunal, Principal Bench, comprising of Justice Ashok Bhushan and Shri Barun Mitra, has held that a petition under Section 7 of IBC, filed by allottees for joint CIRP of separate corporate entities involved in a common real estate project is maintainable. The NCLAT while upholding the maintainability of such Section 7 petition, has observed as …

Corporate Resolution Application Agreement Project Appellants Units

Filters

Articles for Allottees

1:10 stock split effect: Multibagger SME stock turns ₹1.50 lakh of IPO allottees into ₹51 lakh in 9 years

Multibagger IPO: Apollo Micro Systems share gives 250% returns to allottees in 7-year

IBBI Releases Discussion Paper On Real Estate Issues, Suggests Inclusion Of Land Authorities In CoC Meetings

Multibagger IPO: Blue Pebble Limited Soars 126% in 6 Months

Chandigarh Housing Board failed to recover ₹45 cr in licence fees from small flat allottees: Audit

Promoters arm-twisting allottees in UPRERA’s sights

Tiles fall off at new built DDA flat in Dwarka

Enhancement charges: Panchkula Sec 20 RWA writes to CM for re-calculation

Chandigarh Housing Board cancels allotment of 16 small flats

100 more allottees of Arkavathy layout in Bengaluru to get alternative sites

NCLT New Delhi Initiates Insolvency Proceedings Against Revital Reality Private Limited For Financial Debt And Default

UP RERA Releases Model Format Of Offer Of Possession Letter To Protect Homebuyers Interest

17,000 of Yeida’s 34,000 allottees yet to get possession

Mere Allotment Of Property Without Registration Does Not Confirm Allottee's Title: Karnataka High Court

CHB allottees vexed by delayed need-based change policy

Nova Agritech shares give 70% return to allottees within one month of listing

Relief for homebuyers: Allotted flats will not be part of liquidation process, says insolvency and bankruptcy board

Gurugram lists paid services for affordable housing

Multibagger IPO: SME stock gives 350% return to allottees in 15 months

Multibagger IPO: SME stock doubles allottees money in one moth of listing

Top multibagger IPOs of 2023: These 5 IPOs gave up to 240% return this year

Monthly Digest Of IBC Cases: November 2023

150 HSVP plot allottees get notice to pay ₹50L-1cr more

Section 7 Petition Seeking ‘Joint’ CIRP Of Separate Corporate Entities Involved In Common Real Estate Project Is Maintainable: NCLAT Delhi