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Gide Loyrette Nouel | France | 26 May 2023

La provision pour dépréciation d’un bien immobilier acquis à un prix excessif doit être réintégrée dans le résultat imposable

La cour administrative d’appel de Lyon vient de rappeler que le prix de revient d’un élément d’actif n’est opposable à l’administration, pour la…
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JSA | India | 26 May 2023

Supreme Court reiterates that the relief of specific performance of a contract can only be granted when the party claiming such relief shows its readiness and willingness to perform its obligations under the contract.

A 2 (two) judge bench of the Supreme Court of India ("Supreme Court") has in Gaddipati Divija and Another v. Pathuri Samrajyam & Ors. Inter alia…
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Rajah & Tann Asia | Cambodia | 26 May 2023

Abrogation of Prakas No. 087 on Land Development

On 19 May 2023, the Ministry of Land Management, Urban Planning and Construction issued Prakas No. 083 on the Abrogation of Prakas No. 087 on Land…
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Bristows | United Kingdom | 26 May 2023

Renters (Reform) Bill

The government has recently introduced the Renters (Reform) Bill to Parliament, proposing significant changes to the residential rental sector. One…
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JSA | India | 26 May 2023

Special rights to unitholders & role of sponsor in REITs and InvITs

On May 16, 2023, the Securities and Exchange Board of India ("SEBI") issued a consultation paper to invite comments from the public and market…
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JSA | India | 26 May 2023

Gujarat Government issues policy on land allotment for green hydrogen production

In line with the Government of India's Green Hydrogen Mission initiative, the Government of Gujarat ("GoG") on May 8, 2023 issued a 'Policy on…
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Clyde & Co LLP | Australia | 26 May 2023

Construction PI Update: Application of the Design and Building Practitioners Act to commercial buildings, and other issues not priced or bargained for

The statutory duty of care in the Design and Building Practitioners Act 2020 (NSW) was originally intended to protect apartment owners against…
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JSA | India | 26 May 2023

Unregistered agreement to sell property is admissible in evidence in a suit for specific performance.

A 2 (two) judge bench of the Supreme Court of India ("Supreme Court") has in R. Hemalatha v. Kashthuri held that an agreement to sell property which…
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Greenspoon Marder LLP | USA | 25 May 2023

Florida Law Changes to Construction Defect Actions

On January 24, 2023, SB 360 was introduced in the Florida Senate, which proposed changes to Florida Statutes, Sections 95.11 and 553.84. The bill…
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Garrigues | Spain | 25 May 2023

Ley de Vivienda: se modifica la tributación de los alquileres en el IRPF

Además, la Ley de Vivienda modula el recargo en el IBI de los inmuebles de uso residencial desocupados con carácter permanente En el BOE de 25 de…
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