Western India Regional Council of
The Institute of Chartered Accountants of India

Law Update Details

February 2019 CA. Ramesh Prabhu

CRZ Notification dated 18th Jan, 2018: Earlier notification dated 6th Jan, 2011 has been superseded by the latest CRZ Notification dated 18th Jan, 2019. This notification facilitates easy redevelopment norms in CRZ area in Mumbai and other coastal areas.

The regular MahaRERA Appellate Tribunal has started functioning from 1st January, 2019 at 1st Floor, One Forbes, Dr. V.B. Gandhi Road, Kalaghoda, Fort, Mumbai - 400 001. Office no. 022-22710200.

Increase of stamp duty by 1% of Market Value in Mumbai: Mumbai Municipal Corporation Act 1888 has been amended by Notification dated 17th Dec, 2018. Section 144F is inserted to levy surcharge of 1% as stamp duty to fund to implement vital Important Urban Transport Projects in Mumbai on all instruments of sale, gift and Usufructuary mortgage of immovable properties from the date of notification.

Consumer Court Decisions: Maharashtra State Consumer Disputes Redressal Commission(MSCDRC) vide Appeal No. A/18/820 Mr. Anil Kumar Jalani Vs N.G.Suncity Phase-2 CHS, has ordered to pay Rs.55,000/- to the complainant for removing the name plate by the society as he was making regular complaints against society.

MSCDRC in Complaint No. CC/3/77 Smt Neela Ajit More Vs Ceekeam Enterprises & others vide order dated 3rd Jan, 2019 directed the builder to pay interest for delayed possession for 22 months at the rate of 24% p.a and Rs.1,00,000/- for metial Agony and hardship.


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