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High Court

High Court of Karnataka Allows Petition of Allottee in KIADB Act Case — Condition Requiring Prior Permission for Share Transfer Declared Ultra Vires. The Court held that the Karnataka Industrial Areas Development Board cannot impose restrictions on transfer of shares of an allottee company as such power is not conferred by the Karnataka Industrial Areas Development Act, 1966.

12 Jan 2024

The petitioner, M/s. Kamalalayaa Real Estates LLP, a limited liability partnership firm, was allotted land by the Karnataka Industrial Areas Developme...

Supreme Court

Supreme Court Upholds Karnataka Electricity Regulatory Commission's Order Imposing Liquidated Damages and Tariff Reduction in Solar Power Project Dispute. The court held that the Scheduled Commissioning Date was 16.10.2017, and since injection of power into the grid occurred on 17.10.2017, the projects were delayed, justifying penalties under the Power Purchase Agreement.

3 May 2021

The appeals arose from a judgment of the Appellate Tribunal for Electricity, which reversed an order by the Karnataka Electricity Regulatory Commissio...

Supreme Court

Supreme Court Allows Appeals of Flat Buyers Against Developer for Delayed Possession, Holds Unilateral Compensation Clause Unfair. Developer's stipulation of Rs 5 per sq ft per month as liquidated damages for delay held inadequate and unconscionable; flat buyers entitled to compensation at 6% per annum on amounts paid.

24 Aug 2020

The case involves appeals by 171 flat buyers against the dismissal of their consumer complaint by the National Consumer Disputes Redressal Commission ...

Supreme Court

Supreme Court Allows Appeal in Consumer Dispute Over Flat Booking - Reduction of Booking Amount to 15% Upheld as Valid Novation. Developer's Failure to Execute Agreement and Cancellation of Allotment Amounts to Deficiency of Service Under Consumer Protection Act, 1986.

25 Apr 2019

The dispute arose from a residential apartment booked by the appellants, Suman Jindal and another, with the respondent developer, M/s. Adarsh Develope...

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