01 Jan 2026

The NCLT faced significant pressure in 2025, with insolvency resolution processes frequently exceeding statutory timelines. Nearly 10,000 cases were pending at admission, with recoveries exceeding INR 10 lakh crore in distressed assets. Delays arose from limited capacity, repeated adjournments, contested defaults, and excessive litigation. Despite the appointment of new members, structural issues, infrastructure constraints, and parallel regulatory interventions continued to challenge timely resolutions. Landmark judgments reinforced tribunal jurisdiction and emphasized commercial wisdom. The average resolution duration increased substantially, highlighting the systemic strain in India's insolvency framework.Read more

Mumbai News Desk

01 Jan 2026

A Mumbai civil court has brought an end to a long-standing ownership dispute involving a residential apartment in Dahisar by ruling in favour of NRI businessman Suresh Basantani. The court held that the flat was unlawfully resold and occupied despite an earlier registered agreement and valid possession with Basantani. Declaring the subsequent transaction invalid, the court ordered the occupants to vacate the premises within a fixed period and restrained them from creating third-party rights. The ruling reinforces the legal standing of registered property agreements.Read more

01 Jan 2026

The mayor of Panchkula has inaugurated infrastructure works worth around INR 7 crore, aimed at improving rural and urban development across the city's wards 19 and 20. The project package includes investments in road connectivity, drainage systems, power supply, sanitation and solid waste management. Key components include scientific waste management facilities, new peripheral roads with drainage, concrete drains and utility upgrades. The works also feature enhancements to sewage treatment plants and electricity infrastructure. The mayor said the focus is on enhancing core infrastructure and civic amenities to benefit residents in both urban and adjoining rural areas, signalling an ongoing push to strengthen citywide development.Read more

01 Jan 2026

The State Chief Information Commission (CIC) reprimanded Maharashtra Rail Infrastructure Development Corporation Ltd (MahaRail) for failing to respond to a Right to Information (RTI) request from former minister Avinash Warjukar. The application sought details about the corporation's formation, leadership appointments, approvals for sanctioned works, and ongoing development projects. MahaRail admitted the RTI Act applies but acknowledged many records were missing or only partly online. The CIC directed the corporation to provide all requested information free of cost within two weeks, and also recommended appointing full-time RTI personnel to ensure accountability and compliance.Read more

01 Jan 2026

The Gujarat government has set up a committee to review and recommend updates to the Gujarat Land Revenue Act, 1879. Led by retired IAS officer C. L. Meena, the panel also includes retired officers M. B. Parmar and Anis Mankad, along with a member secretary. The committee will examine departmental rules, resolutions, manuals, and judicial interpretations, while considering inputs from builders, lawyers, and other associations. Tasked with submitting recommendations within six months, the move reflects the state's ongoing efforts to modernize land governance, improve transparency, and ensure efficient property administration.Read more

01 Jan 2026

Haryana Real Estate Regulatory Authority has ordered Splendor Buildwell to clear pending assured return dues and complete conveyance formalities for investors in its Spectrum One project in Gurugram within 90 days. The authority held that assured return commitments made in 2016 agreements remain valid and enforceable under RERA. It rejected the developer's claim that such payments were barred by later laws. The order also restricts the builder from levying additional charges and provides for interest if payments are delayed further.Read more

31 Dec 2025

Since its launch in May 2017, MahaRERA has recovered over INR 270 crore in compensation for homebuyers across Maharashtra, with strong support from District Collector offices. Around INR 200 crore was recovered by the end of 2024, followed by another INR 70 crore in 2025. MahaRERA has issued recovery orders worth INR 792 crore for more than 1,290 complainants, while some cases remain pending with the NCLT. Major recoveries were recorded in Mumbai Suburban, Mumbai City, and Pune. Several districts, including Nashik and Sindhudurg, have achieved full compensation recovery, highlighting improved enforcement under the real estate regulator.Read more

31 Dec 2025

The Delhi High Court has ordered the Delhi Metro Rail Corporation to vacate all facilities on the Yamuna floodplain by March 2026, citing non-compliance with earlier directions. DMRC will not be allowed to operate batching plants, casting yards or store equipment on the floodplain beyond the deadline. The court has also directed that the area be restored after removal, in coordination with forest and horticulture departments. The Delhi Development Authority will monitor the process and submit a compliance report after the deadline.Read more

Ahmedabad News Desk

31 Dec 2025

Ahmedabad Municipal Corporation has launched a comprehensive enforcement drive against unauthorised parking across the city, issuing a total of 384 notices to vehicle owners and operators during the campaign. The action is part of the civic body's efforts to ease traffic congestion, improve pedestrian movement and uphold public space regulations in key urban areas. Notices were served in prominent commercial and residential zones where vehicles were found parked in no-parking areas or obstructing thoroughfares, footpaths and service lanes. AMC officials have reiterated their commitment to sustaining the enforcement drive and urged citizens to comply with parking regulations to ensure smoother mobility and better urban management.Read more

31 Dec 2025

The Gujarat Real Estate Regulatory Authority (RERA) has introduced a revised Standard Operating Procedure (SOP) aimed at improving the efficiency, transparency and timeliness of grievance redressal for homebuyers and other stakeholders. The new framework places greater emphasis on digital filing, structured documentation and defined procedural timelines. Complaints can be submitted online through the RERA portal, with offline filing continuing as an alternative. The authority has also strengthened case tracking through a centralised dashboard, enabling parties to monitor hearing schedules, notices and final orders, while reducing procedural delays caused by incomplete submissions.Read more