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Illegal Land Fee: YEIDA Ordered to Return 60 Crore to Logix, Real Estate News, ET RealEstate

The Allahabad high court has asked the Yamuna Expressway Industrial Development Authority (YEIDA) to return more than Rs 60 crore to Logix Infrabuild, saying the amount was deducted “illegally” despite the developer surrendering the land allotted to it for developing a township.
Uttar Pradesh Logix Infrabuild Infracity Noida Justice Ashutosh Srivastava Justice Pritinker Diwaker Yamuna Expressway Industrial Development Authority

Allotted Land Not Available, Second Realtor Gets Hc 'zero Period' Relief, ET RealEstate

On November 16, Chief Justice Pritinker Diwaker and Justice Ashutosh Srivastava gave relief to Rudra Buildwell and another company, Silverline Furnishings and Furniture, whose land allotment had been cancelled over dues.
Uttar Pradesh Justice Pritinker Diwaker Justice Ashutosh Srivastava Rudra Buildwell Noida Authority Greater Noida Industrial Development Authority

Land For Condo: Allotted Land Not Available, Second Realtor Gets Hc 'zero Period' Relief | Noida News

The Allahabad high court has granted a 'zero period' waiver to real estate companies Rudra Buildwell and Silverline Furnishings and Furniture. Rudra B
Uttar Pradesh Justice Ashutosh Srivastava Justice Pritinker Diwaker Rudra Buildwell Greater Noida Industrial Development Authority Yamuna Expressway Industrial Development Authority

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NCLT approves Ace Infracity resolution plan for 3C Homes, Real Estate News, ET RealEstate

3C Homes: Earlier, the National Company Law Tribunal (NCLT) had denied its approval following opposition filed by some of the allottees and was challenged before the appellate tribunal NCLAT, which had remanded the matter back with certain directions.
India General Gaurav Katiyar Monitoring Committee National Company Law Tribunal C Homes Pvt Ltd On National Company Law Appellate Tribunal

NCLT approves Ace Infracity resolution plan for 3C Homes

Earlier, the National Company Law Tribunal (NCLT) had denied its approval following opposition filed by some of the allottees and was challenged before the appellate tribunal NCLAT, which had remanded the matter back with certain directions. The resolution plan offers "100 per cent of the principal of farmers compensation (Rs 71.66 crore), which is included in Rs 173.46 crores agreed to pay to Yamuna Expressway Industrial Development Authority (YEIDA)".
India General Gaurav Katiyar Ace Infracity Developers National Company Law Appellate Tribunal Lotus City Plot Buyers Welfare Association Committee Of Creditors Co

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