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Provisions of RERA are prospective in nature. The penalty under Sections 18, 38, 59, 60, 61, 63 and 64 is to be levied on account of contravention of provisions of RERA, prospectively and not retrospectively. These provisions, therefore, cannot be said to be violative of Articles 14, 19(1)(g), 20(1) and 300-A of the Constitution of India.
The business entity such as Proprietary Concerns/ Partnership Firms/ LLP/ AOP/ HUF/ Companies, etc. has to follow various statutory compliances monthly/ quarterly/ half-yearly/ annually, as the case may be. For the benefit of all and timely compliances related to various laws applicable to be followed for the December month(November Commitments) are listed as below:
It has come to the notice that some of the field offices have not yet completed the task of Compliance Audit of the Exempted/ Relaxed Establishments falling under their territorial jurisdiction by a special drive. Therefore, it is again reiterated to complete this exercise by 31st December, 2017 positively and report to Head Office by e-mail in the format annexed herewith by 08.01.18 through Addl. CPFC of the concerned zone.
Whereas, for the case of filing online registration application and for the benefit of consumer it was necessary to distinguish and/or identity whether such Promoter is the land owner, investor OR is the one who has actually obtained/ obtaining the building permissions for carrying out the construction and has been/ is in fact carrying out construction.
The reason for imposing costs on the petitioner is that on perusal of the translation filed by the petitioner, we find that the impugned judgment does not make out any head and tail. It is difficult to read much less to understand as to what the judgment contains.
The NCLAT held that that in the absence of any provision in IBC, the Limitation Act, 1963 would not be applicable to initiation of Corporate Insolvency Resolution Process. The NCLAT further observed:
The above referred circular details the process for updating project details and revising/ correcting information with respect to registered projects & Agents. The circular also provides details of fields, in Annexure A and B, which are editable by the promoters themselves and those that can be requested to MahaRERA for revision/ correction.
The provisions of online filing of returns in the prescribed proforma shall also be applicable to establishment which have been granted exemption by an order of the Regional Provident Fund Commissioner for individual employees under the provisions of Paragraph 27 of the Employees’ Provident Funds Scheme, 1952.
A facility has been provided to the members to merge their earlier PF Accounts to the current PF account so that EPFO may help them in the integration of all these PF accounts in the Current UAN activated PF account.
A Limited Liability Partnership combines the advantages of both the Company and Partnership into a single form of organization. In an LLP one partner is not responsible or liable for another partner’s misconduct or negligence. In an LLP, all partners have limited liability for each individual’s protection within the partnership, similar to that of the shareholders of a limited company.