The Delhi High Court has directed the National Buildings Construction Corporation to return entire amount of over Rs. The court ordered NBCC to return the entire amount of money paid by the litigant within six weeks, along with interest @ 12% from January 30, 2021 till today. Observing that compensating wronged homebuyers is not just a matter of rectifying past …
The Supreme Court recently reiterated that unless there is a specific bar under the contract, it is always open for the Arbitrator to award pendente lite interest in view of Section 31 of the Arbitration and Conciliation Act 1996. Sundresh, while adjudicating an appeal filed in Indian Railway Construction Company Limited v M/s National Buildings Construction Corporation Limited, has affirmed …
Deputy commissioner Nishant Kumar Yadav on Monday said he has written to the ministry of housing and urban affairs and sought its intervention to get the NBCC to announce a suitable compensation for residents of NBCC Green View condominium in Sector 37-D, which was deemed unfit for living this February. Gurugram DC writes to Centre on compensation for NBCC Green …
The Gurugram Deputy Commissioner Nishant Kumar Yadav on Thursday notified the residents of Green View society, Sector 37D to vacate apartments by March 1, following a meeting with National Building Construction Corporation and the residents over their safety. Meanwhile, it was earlier announced that the housing society with over 700 flats, constructed by the state-owned NBCC Ltd, will be demolished …
The Supreme Court on Tuesday urged Senior Advocate and President, SCBA, Mr. Vikas Singh, to use his office to resolve the dispute that has broken out openly within the Bar Association in connection with the construction and repair of residential flats at NOIDA, on a cooperative model, by its members.On Monday, the Miscellaneous Application filed by the Supreme Towers Apartment …