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Only registered valuers can do valuation under IBC from February 2019
economy
Only registered valuers can do valuation under IBC from February 2019

NEW DELHI: From February next year, only entities registered as valuers with the IBBI can carry out valuation of assets under the insolvency law, according to a circular.The registration of valuers is done by the Insolvency and Bankruptcy Board of India (IBBI). Valuation of assets is a key factor for an “informed decision making” under…

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MahaRERA denies interest on delayed possession to home buyer
economy
MahaRERA denies interest on delayed possession to home buyer

In an order that is likely to set a precedent, the Maharashtra Real Estate Regulatory Authority has denied interest on delayed possession to a home buyer, terming that interest at this juncture could “jeopardise” completion of the housing project.The Authority also directed the developer Forefront Private Ltd to advance its possession date of December 2020,…

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