Housing Association (HA) as mandated by the special property law, governing ‘UNITS’ (i.e. Flats or Apartments) – namely, the special legislative enactment by state (s) – is an Association (of Persons). It is formed and constituted exclusively by purchasers /owners of the Units for all purposes. Such legal ownership in a building project, unlike in an independent and exclusively owned house property
Demonitisation compelled holders of cash to deposit the same in the banks. The enormity of cash deposited and identified with the owner resulted in suspected 17.42 lakh account holders from whom the response has been received online through non-invasive method.
(i) These regulations may be called the Foreign Exchange Management (Deposit) (Amendment) Regulations, 2018. (ii) These regulations shall come into force from the date of their publication in the Official Gazette.
