Real Estate: Buying a flat and paid a booking amount? You may not get the entire booking amount back if you cancel the flat booking. There are some states like Maharashtra, Delhi, etc who specify up to how much amount of the booking amount can be forfeited. Know here the full list of states.
It has implications for Reliance ADA Group chairman Anil Ambani, Videocon chairman Venugopal Dhoot, and Bhushan Power and Steel promoter Sanjay Singal, who also face personal-insolvency proceedings in the NCLT.
A Hyundai car buyer was tricked into believing that his car was getting repaired at a Hyundai authorised service centre, when in fact the car got stolen a while back.
The High Court of Bombay has held that a dispute related to the business of the firm cannot be referred to arbitration by a partner in absence of other partners. The bench of Justice Manish Pitale.