The National Consumer Disputes Redressal Commission, presided by Mr. Subhash Chandra and Dr. Sadhna Shanker, held that reliance on force majeure clauses to justify prolonged delays in possession is unacceptable and amounts to deficiency in service. Observations by the National Commission The National Commission observed that there was a clear deficiency in service by the developer, as possession of the …
New Delhi, Nov 20 Raheja Developers on Wednesday moved before the appellate tribunal NCLAT to challenge the initiation of insolvency proceedings against the realty firm over default on non-delivery of its Gurugram-based Shilas project. The said order has been now challenged by Navin Raheja, Chairman & Managing Director of the suspended board of the realty firm before the National Company …
Tribal leaders in southern Libya shut down the county’s largest oil field, authorities said on Monday, amid a bitter standoff between two rival governments. Oil production at the Sharara field has been stopped and the state-run National Oil Corp. declared force majeure at the field, which produces around 450,000 barrels a day. Over the weekend, tribal leaders and protesters shut …
CAIRO — Tribal leaders in southern Libya shut down the county’s largest oil field, authorities said Monday, the latest closure of an oil facility amid a bitter standoff between two rival governments. Over the weekend, tribal leaders and protesters shut down the al-Feel field and the Zueitina terminal on the Gulf of Sirte, forcing the National Oil Corp. to declare …
