The High Court of Punjab and Haryana quashed the FIR against Emaar India and JLL India, citing undervaluation and fraud allegations as baseless. The case involved accusations of asset manipulation during demerger, with no criminal elements found in the complaint.
The High Court of Punjab and Haryana quashed the FIR against Emaar India and JLL India, citing undervaluation and fraud allegations as baseless. The case involved accusations of asset manipulation during demerger, with no criminal elements found in the complaint.
Investors can now have fractional ownership of rent-yielding real estate assets by making a minimum investment of Rs 10 lakh, with markets watchdog Sebi notifying the amended regulations for real estate investment trusts.