Homebuyers of Jaypee Wish Town in Noida’s sectors 128, 129, and 130 have filed a writ with the National Company Law Tribunal against Suraksha Group, alleging a failure to fulfill promises made in the resolution plan approved in March 2023. Buyers accused Suraksha Group of failing to mobilise the promised ₹3,000 crore for construction, delaying work on nine stalled projects, …
Every country that seeks Foreign Investment in a global and competitive market has to ensure that, its laws/ regulations are in sync with the ground realities and expectations of the global and domestic business community, while keeping in mind the national interest. Escrow For ODI Transactions : The extant Foreign Exchange Management Regulations, 2004 read with Master Direction – Direct …