The Taste of Illegally Mortgaged Money: Power, Authority, and the Ruin of Urban Living
Illegal mortgaging of apartment properties usually begins with a breakdown of governance. Builders, developers, or unauthorised associations continue to exercise control even after the apartments are sold.…
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Illegal Mortgaging Of Sold Apartment Land By Seller is a CRIME
Under the Real Estate (Regulation and Development) Act, 2016 (RERA), when a builder sells flats/apartments in a project, the expectation is that the “undivided proportionate title” in the land and common…
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Why Unregistered Associations Are Able to Open Bank Accounts — and Why RBI or Government Authorities Are Not Acting?
Unregistered apartment owners’ associations—particularly those formed without registration and without provision of law under the Karnataka Apartment Ownership Act (KAOA), have no juristic status, yet…
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REGISTRATION OF KAOA ASSOCIATION-AN ERROR CARRIED FORWARD?
The Karnataka Apartment Ownership Act 1972 is in force in Karnataka from many years but no one is able to identify the provision of law under this statute to form an association and register it. But…
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Illegal mortgaging of apartment lands by builders after sale — how it happens, why RERA Section17 matters, and how to spot it on CERSAI
When a builder sells flats in a project the buyers expect — and the law requires — that the undivided proportionate title to the land and common areas will ultimately vest with the…
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Unregistered KAOA Associations Bank Accounts are illegal? As per RBI Guidelines, Banking Laws
By Vidyadhar Durgekar, Advocate/Author/Ex Dy Commandant The Banking Regulation Act, 1949, governs the operations of banks in India. It requires that entities opening bank accounts must have a legal status…
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