Latest StoriesRegulatory

SC to Hear ED’s Plea on Amrapali Money Laundering Case Transfer

NEW DELHI: On Wednesday, the Supreme Court agreed to consider the Enforcement Directorate’s plea regarding the Allahabad High Court’s ruling that transferred a money laundering case involving the Amrapali group, accused of diverting homebuyers’ funds. The Lucknow bench of the High Court, on August 11, 2025, decided to move the case filed by the ED against Ajay Kumar and two others from a special PMLA court in Lucknow to a designated court in Ghaziabad. The Supreme Court, comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and V Mohana, acknowledged the arguments presented by Additional Solicitor General S V Raju,…

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Bombay HC Rejects Plea on Mulshi Land for Housing Project

PUNE: The Bombay High Court ruled that the state has the authority to repurpose gairan lands—government-owned communal land designated for free grazing of village livestock—for public projects by the central or state governments. This decision was made under Section 40 of the Maharashtra Land Revenue Code (MLRC), which takes precedence over other provisions. A bench of Justice Manish Pitale and Justice Shreeram V Shirsat dismissed a writ petition from the gram panchayat of Nere village in Mulshi taluka and two villagers, challenging the district collector’s orders from June 13, 2025. These orders involved allocating two gairan land parcels of 4…

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Pradeep Constructions contests GHMC notice in Telangana HC

HYDERABAD: Pradeep Constructions has filed a petition with the Telangana High Court against a GHMC show-cause notice that seeks to revoke its building permissions for a high-rise residential project in Somajiguda, which is allegedly situated within the Full Tank Level (FTL) of the Hussainsagar Lake. The managing partner, B Pradeep Reddy, argues in his petition that the notice is illegal, arbitrary, lacks jurisdiction, and relies on unverified evidence. Justice B Vijaysen Reddy, who presided over the case on Tuesday, instructed that the hearing be scheduled before the appropriate bench. Earlier this month, GHMC issued a show-cause notice regarding a 17-floor…

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SC Transfers Amit Katyal’s Money-Laundering Case to Delhi

NEW DELHI: On Tuesday, the Supreme Court moved a money-laundering case involving real estate magnate Amit Katyal, linked to alleged fraud against homebuyers, from Gurugram to a special PMLA court in Delhi. A bench consisting of Chief Justice of India (CJI) Surya Kant and Justice Joymalya Bagchi issued the transfer order following Katyal’s request to shift the case lodged under the Prevention of Money Laundering Act (PMLA). “We instruct that the PMLA proceedings currently before the Special Judge in Gurugram, Haryana, be transferred to the Special Judge at the Saket Court Complex in Delhi. The prosecution will continue at the…

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SC Rejects Plea Against CRZ Clearance for Mannat’s New Floors

NEW DELHI: In a favorable verdict for Shah Rukh Khan, the Supreme Court has dismissed a petition challenging the Coastal Regulation Zone (CRZ) clearance for the addition of two more floors to his residence, Mannat, in Mumbai. During the proceedings, Chief Justice Surya Kant along with Justices Joymalya Bagchi and V Mohana questioned the credibility of the petitioner and declined to interfere with the National Green Tribunal’s ruling from September 16, 2025. “They are residing there. If they wish to build additional floors in a residential space, it’s their decision. The law is generally adhered to. Why should any neighbor…

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CBI Files 16th Chargesheet Against Noida Builder, Bank Staff

NEW DELHI: The CBI has filed its 16th chargesheet in an ongoing investigation into alleged large-scale fraud cases involving homebuyers. This chargesheet accuses a Noida-based real estate firm and officials from two private banks of conspiring to defraud buyers and investors. The chargesheet has been presented before the Special Judge for CBI cases at Rouse Avenue District Court in New Delhi, as stated by officials. The CBI has charged “Saha Infratech Pvt. Ltd., its director, and officials from HDFC Bank Ltd. and ICICI Bank Ltd.” in connection with alleged fraudulent activities related to a housing project in Noida. The investigation…

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Panchkula civic body highlights ₹37 crore in property tax dues

PANCHKULA: The municipal corporation (MC) has identified property tax arrears totaling ₹37.68 crores from 697 properties, each with outstanding dues exceeding ₹2 lakhs. This list includes private and government properties, all of which have received notices to clear long-standing dues. According to MC records, private properties contribute ₹25.95 crores to the arrears, while government properties account for ₹11.73 crores. Leading the private defaulters is Hotel North Park in Sector 32, owing nearly ₹2 crores. Other major defaulters include Appworx IT Solutions Pvt Ltd in IT Park, Sector 22 (₹77.11 lakhs), New Bansal Electronics (₹40.04 lakhs), Satyam I Way (₹38.97 lakhs),…

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Delhi HC: 24,000 flats unavailable for evicted slum dwellers

NEW DELHI: Authorities are relocating slum dwellers from near the Prime Minister’s residence to Savda Ghera, situated 45 km away, despite the existence of over 24,000 homes meant for rehabilitation lying vacant nearby. On Monday, the Delhi High Court demanded explanations from both the Central and state governments regarding the condition of these 24,284 units, many of which are in disrepair and unoccupied. “Shouldn’t we examine the necessity of relocating elderly residents 45 km away when accommodations are available in close proximity? This arbitrariness must be scrutinized… Who is accountable for these unoccupied houses? Both governments have invested nearly Rs…

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SC Freezes Parsvnath Developers’ Accounts, Issues Warrants

NEW DELHI: In a strong condemnation of the “blatant negligence” exhibited by Parsvnath Developers, a Haryana-based real estate firm, the Supreme Court on Monday froze the bank accounts of the company and its directors, issuing bailable warrants against the leadership due to a two-decade-long struggle faced by senior citizens in securing their homes. A bench led by Chief Justice of India Surya Kant criticized Haryana authorities for their inability to implement orders from the Haryana Real Estate Regulatory Authority (HRERA) against the firm, highlighting severe concerns about the Real Estate (Regulation and Development) Act, 2016’s effectiveness in providing relief to…

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NGT Stops All Construction in Ghaziabad City Forest

GHAZIABAD: In response to a petition claiming unauthorized construction within the Sai Upwan city forest, the National Green Tribunal (NGT) has instructed the district magistrate to prevent any illegal activities in the forest until the next hearing date. The interim ruling was issued on July 2 by a bench led by Chairperson Justice Prakash Shrivastava and Expert Member Afroz Ahmad, following a petition from former municipal corporator Rajendra Tyagi. According to counsel for the applicant, Akash Vasishtha, approximately 70,000 trees have either died or been destroyed due to non-forest activities in Sai Upwan. The bench acknowledged the applicant’s request for…