In one case, over a 100 home buyers had filed an application against Pyramid Infratech for not passing on the Input Tax Credit (ITC) of the GST paid on construction services. The National Anti-profiteering Authority (NAA) directed the company to refund or reduce Rs 8.22 crore from the buyers’ last installment along with 18% interest per annum to be calculated from the date of the receipt of the excess amount from each buyer. The builder has since moved Delhi High Court.
Author: Legal Advice Guru
I am a co-owner in possession to the extent of 3/4th share in a property situated in village in Punjab. My brothers are co-owners to the extent of 1/4th share. Can I seek the grant of injunction from the competent court of law restraining my brothers against alienating the suit property to the extent of more than their share as they are changing the nature of the suit property by raising construction illegally and forcibly.