https://www.taxtmi.com/caselaws?id=460343 Regulation 9 of the Rajasthan Real Estate Regulatory Authority Regulations, 2017 is valid because it only regulates how adjudicatory matters may be placed before single members and operates within the delegation power conferred by the parent Act. RERA does not ordinarily apply retrospectively to mortgages or security interests created before the Act, as section 11(4)(h) creates a new promoter obligation that cannot reopen completed pre-Act transactions unless fraud or collusion is shown. However, a complaint may still be entertained where a bank proceeds under section 13(4) of the SARFAESI Act, because the secured creditor then exercises statutory enforcement rights affecting the allottee. en-us Tue, 14 Dec 2021 00:00:00 +0530 Wed, 15 Jan 2025 17:49:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460343 Regulation 9 of the Rajasthan Real Estate Regulatory Authority Regulations, 2017 is valid because it only regulates how adjudicatory matters may be placed before single members and operates within the delegation power conferred by the parent Act. RERA does not ordinarily apply retrospectively to mortgages or security interests created before the Act, as section 11(4)(h) creates a new promoter obligation that cannot reopen completed pre-Act transactions unless fraud or collusion is shown. However, a complaint may still be entertained where a bank proceeds under section 13(4) of the SARFAESI Act, because the secured creditor then exercises statutory enforcement rights affecting the allottee. Case-Laws Indian Laws Tue, 14 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460343