Legal Reference Library

Justice MS Ramachandra Rao of the Hyderabad High Court has ruled that the officials of survey department are bound to conduct survey of private land if anyone makes such a request after paying the required charges. Authorities cannot deny this facility to people citing provisions of the AP Survey and Boundaries Act, 1923, he said, in his judgement pronounced in a case filed by M Padmavathy of East Godavari district. The petitioner challenged the denial of the survey officials in conducting survey of her land and also to demarcate the boundaries. The officials were citing the provisions of the Survey Act which did not ask them anywhere to conduct survey of private land. The judge in his order pointed out that the Act, at the same time, did not say anywhere that they should not do it. Just as experts in DNA analysis, ballistics and handwriting are extending their expertise to private persons even when they are working with the government, the experts of survey wing too must extend th...

In a setback to Adel Landmarks Limited, a real estate enterprise, the SEBI directed the company and its directors to refund the money collected from the public under its ‘pre-booking of plots’ scheme. Adel, without registration and approval under SEBI’s Collective Investment Schemes (CIS) Regulations, collected the money from the public for purchase /acquisition of future land for development of residential colonies. Adel contended that it collected the money for pre-booking of plots being developed on the land already owned by it either directly or through subsidiaries. The SEBI through its whole time member, on the other hand, examining the agreements by Adel with perspective buyers and other materials on record found that Adel was pooling money to purchase future land which amounts to scheme/arrangement under S. 11AA(2)(i) of the SEBI Act, 1992. He observed that the Company has solicited investments with a promise of refund of investment amount along with return in the nature of co...