Key Updates:
Self-consumption or utilization of the property is a matter of evidence and the burden of proof is on the Defendant - Sunil Kohli & Anr. v. M/s Purearth Infrastructure Ltd. decided by the Hon’ble Supreme Court of India on 01.07.2019
Only NCDRC has power to set aside ex-parte orders. – Samaresh Prasad Chowdhury v. UCO Banks & Ors., decided by the Hon’ble Supreme Court on 21.10.2019
NCDRC directs Developer to refund the money as customers cannot be made to wait indefinitely for possession - Alok Kumar vs M/S Golden Peacock Residency Private Limited & Anr. decided by the Hon’ble NCDRC on 06.09.2019
Bulletin Report:
Report of the Steering Committee on Fintech Related Issues, Department of Economic Affairs, Ministry of Finance, Government of India