RERA forensic audit during CIRP
Case BriefsTribunals/Commissions/Regulatory Bodies

With expenditure claimed at 75—77% of project cost against actual physical progress of only 48.13%, the Authority ordered a limited forensic audit of the Avalon Royal Park project, distinguishing the RERA audit from IBC insolvency audit provisions and holding that the two frameworks can operate harmoniously without conflict.

Outstanding dues and delayed possession
Advance RulingsCase Briefs

Rajasthan RERA directed the allottee to clear dues and the promoter to pay delayed interest at 10.80% per annum from 30 November 2021 to 9 April 2025, with the two amounts set off against each other.

Case BriefsTribunals/Commissions/Regulatory Bodies

Rajasthan Real Estate Regulatory Authority, Jaipur: Coram of Nihal Chand Goel (Chairman) and Shailendra Agarwal, Salvinder Singh Sohata (Members) decides the matter