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NCLAT Refuses Ramco’s appeal against Spicejet

In May 2013, Ramco’s entered into an aviation software solution agreement with spicejet, followed with certain changes in July 2014. Ramco to move from the National Company Law Appellate Tribunal (NCLAT) to a court of competent jurisdiction for appropriate relief. An appeal filed by the Ramco system against Spicejet on …

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UP-Rera to acquire abandoned projects

The estimated number of deserted projects in the state’s NCR cities is more than 100. Keeping these numbers in mind Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has resolved to acquire the projects which have been abandoned by builders’ midway and whose completion date has expired. On Thursday, officials of …

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