Latest StoriesRegulatory

Delhi HC Adds JK Paper as Defendant in Prithviraj Bungalow Case

Delhi High Court NEW DELHI: The Delhi High Court has added JK Paper Ltd as a defendant in the ongoing legal matter regarding a 3,731-square-yard bungalow located on Prithviraj Road in Lutyens’ Delhi, which the company purchased in December 2021 for Rs 250 crore. Punit Beriwala, the managing director of Vipul Ltd, contested the sale of this land, asserting that he had already made an advance payment for it. Beriwala’s attorney, Lokesh Bhola from Legal Icons, stated that his client made a significant payment towards the property in 2004 to previous owners Bhai Manjit Singh, Maheep Singh, and Bhai Vikramjit…

Latest StoriesRera

Haryana RERA Issues Warrant for Jailed Vipul Director

GURUGRAM: The Haryana Real Estate Regulatory Authority (HRera) has issued a production warrant for a jailed director of a real estate firm to appear before its adjudicating officer in relation to a complaint from a homebuyer. Adjudicating officer Rajender Kumar has instructed the superintendent of Bhondsi jail to present Punit Beriwala, director of Vipul Ltd, on March 13 at 2 PM for the case titled Anshul Deo vs Vipul Ltd. Rera requested the jail to ensure his appearance via a production warrant after an official reported that Beriwala is currently in judicial custody for a different case. The complaint from…