By: Shiyas Razak 2 March 2019 7:14 AM GMT A homebuyer-couple who was not delivered a 60th floor flat as promised by Mumbai-based Lodha Crown Buildmart Pvt Ltd has been granted relief by National Consumer Disputes Redressal Commission(NCDRC), which directed the builder to pay Rs 2.52 crores with interest at the rate of 9%. Apart from the builder-company, the NCDRC also held its present directors Ramandas Pandey and Pranav Goel jointly and severally liable to pay the amount. The complaint was filed by Jagannath Hiray and Baby Hiray, who had booked a 3 BHK Flat at the 60th floor of proposed building named "LODHA DIORO priced at Rs4.46 crore by executing a registered agreement on 9 May 2012. Later the builders informed the complainants that they can construct only 55 storied building because they failed to obtain required permission from Mumbai Metropolitan Region Development Authority (MMRDA). In 2015, the developer issued a letter canceling the allotment. In this backdrop, the … [Read more...] about NCDRC Orders Builder To Pay Rs.2.52 Crores To Homebuyer Who Was Not Delivered Flat As Promised [Read Order]
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Associated Press Published 9:58 AM EST Dec 17, 2018 New Delhi – At least six people died and 129 others were injured in a fire that broke out Monday in a hospital in Mumbai, India’s financial and entertainment capital, police said. The fire in the five-story government-run ESIC Kamgar Hospital in the suburban Andheri area was believed to have been caused by an electrical short-circuit, said police officer A.P. Lokhand. It took 10 fire engines to bring the fire under control, while 15 ambulances rushed the injured to hospitals, Lokhand said. The Press Trust of India news agency said most of the injured were in stable condition. A top fire official, P.S. Rahangdale, said the smoke engulfed the entire building and rescuers were searching all of the floors to see if any patients, hospital staff or visitors were still trapped there. Rahangdale said the fire was restricted to the third floor, from where doctors, nurses and patients were rescued. A Times of India newspaper … [Read more...] about Hospital fire in India kills at least 6, injures 129
Share Tweet Plus One Pin It Email Print By: Manu Sebastian November 7, 2018 6:56 pm Change Font Size The Competition Commission of India has held that cab aggregators Ola and Uber are not indulging in price fixing in contravention of the Competition Act. On November 6, the CCI dismissed a complaint filed by Samir Agrawal, a legal practitioner, alleging that the the algorithmic pricing adopted by the aggregators takes away the liberty of individual drivers to compete with each other and thus amounts to price fixing by them in contravention of the provisions of Section 3 of the Act. Two more allegations were raised by him. One, the condition in the agreement between drivers and the aggregators prohibit drivers to offer services at a price lower than the algorithmically fixed prices, resulting in fixation of minimum resale price maintainance agreement in contravention of Section 3(4)(e) of the Act. Next it was alleged that owing to information asymmetry … [Read more...] about Ola, Uber Not Fixing Prices In Violation Of Competition Act : Competition Commission [Read Order]
Share Tweet Plus One Pin It Email Print By: M. Dutta September 18, 2018 8:07 pm Change Font Size Undoubtedly, the Indian Arbitration Act of 1940 had failed. Barring Government / PWD / DDA Contracts, that imposed arbitration Clause(s) upon Private Contractor(s), India’s alternate dispute resolution mechanism convinced or attracted none. In writing it’s epitaph, Justice D.A. Desai lamented – “Interminable, time consuming, complex and expensive court procedures impelled jurists to search for an alternative forum, less formal, more effective and speedy for resolution of disputes avoiding procedural claptrap and this led them to Arbitration Act, 1940 (‘Act’ for short). However, the way in which the proceedings under the Act are conducted and without an exception challenged in courts has made lawyers laugh and legal philosophers weep. Experience shows and law reports bear ample testimony that the proceedings under the Act have … [Read more...] about India’s Arbitration/Alternate Dispute Redressal Mechanism – Is It A Trap Or A Genuine Redressal Mechanism ?
Ashok Sharma, Associated Press Updated 1:45 am PDT, Wednesday, August 22, 2018 Photo: Emmanual Yogini, AP Image 1of/1 CaptionClose Image 1 of 1 Smoke emits as fire brigade personnel try to douse a fire on the 12th floor of Crystal Tower, a residential building in Mumbai, India, Wednesday, Aug.22, 2018. Four people were killed and 12 others were injured according to officials. less Smoke emits as fire brigade personnel try to douse a fire on the 12th floor of Crystal Tower, a residential building in Mumbai, India, Wednesday, Aug.22, 2018. Four people were killed and 12 others were ... more Photo: Emmanual Yogini, AP Fire in multi-story building in India's Mumbai kills 4 1 / 1 Back to Gallery NEW DELHI (AP) — A fire broke out Wednesday on the 12th floor of a residential building in Mumbai, India's … [Read more...] about Fire in multi-story building in India’s Mumbai kills 4