Adityaraj Builders v. State of Maharashtra, Payment of Stamp Duty on Individual Member Agreement for Redeveloped Area: A case comment

Adityaraj Builders v. State of Maharashtra, Payment of Stamp Duty on Individual Member Agreement for Redeveloped Area: A case comment.

The Bombay High Court recently held that once the necessary stamp duty has been paid on a development agreement signed by a developer and cooperative housing society, the ancillary Permanent Alternate Accommodation Agreements (PAAAs) executed between the developer and the individual members of the cooperative housing society are not subject Read more

Hague arbitration court imposed a compensation of $5 billion on Russia to Naftogaz, Ukraine’s state-owned gas company.

Hague arbitration court imposed a compensation of $5 billion on Russia to Naftogaz, Ukraine’s state-owned gas company.

Hague’s Arbitration Tribunal at the Permanent Court of Arbitration passed a remarkable order on 12th April, imposing a compensation of $5 billion on Russia for accroaching the assets of Ukraine’s owned gas company Naftogaz in Crimea( annexed by Russia in 2014). The company’s assets in Crimea included machinery like Chornomornaftogaz, Read more

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