Real Estate : Shalimar Estates Director Arrested
Ram Raj Verma had moved an application for registration of the allotment of a showroom in a shopping mall to be constructed by Shalimar Estates Private Limited in Mohali (Punjab). The total price of the showroom was Rs36 lakh. The draw of lots in respect of the commercial unit was held on 2 February 2006. Mr Verma was allotted a showroom of category ‘C’, with super-built-up area of 400 square feet. The complainant opted for instalment payment plan and deposited a total of Rs23.31 lakh up to 28 May 2007 with the developer. The remaining amount was to be paid at the time of possession.
 
Though a period of two years expired in February 2008, there was no sign of any construction at the site. Mr Verma sent several letters regarding wanting possession of the showroom but there was no response. Mr Verma then filed a case in the consumer court.
 
The Punjab State Consumer Disputes Redressal Commission, on 21 November 2014, asked Shalimar Estates to refund Rs23.31 lakh deposited by the complainant and pay a compensation of Rs1 lakh for mental harassment. The Commission also asked the realtor to pay Rs10,000 as cost of litigation.The local police arrested Ineet Aggarwal, director of Shalimar Estates Private Limited, for not complying with the order of the Punjab State Consumer Disputes Redressal Commission issued in November 2014. The Commission sentenced the owner of the real estate company to three years in jail. 

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Real Estate : NCDRC Asks Fairdeal Construction To Return Rs93.52 Lakh to Buyer

R Santhanam (of Chennai) complained to NCDRC (National Consumer Disputes Redressal Commission) that Fairdeal Construction said that land was available in Thiruvanmiyur. The proprietor offered for sale 5,650sq ft of land, which included four floors with two flats each. Mr Santhanam agreed to purchase eight flats, each measuring 1,670sq ft, at Rs7,000 per sq ft. Mr Santhanam provided Rs93.52 lakh to Fairdeal Construction by cheque as advance payment. According to the terms of the agreement, if clearance was not obtained within four months, Mr Santhanam could cancel the purchase and Fairdeal would have to return the advance with 12% interest. The realtor did not get approval within five months nor did he start construction. Hence, Mr Santhanam complained to NCDRC. NCDRC said that Mr Santhanam had proved the allegations through documentary evidence. It directed the realtor to refund the advance amount with 12% interest and Rs10,000 as litigation costs. 

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Oracle seeks $9.3 billion in damages from Google
New York : Global software and cloud major Oracle has sought $9.3 billion from search engine giant Google over software copyrights infringement, a media report said.
 
Oracle claims that it should receive $475 million in damages in addition to $8.8 billion relating to "profits apportioned to infringed Java copyrights", Fortune reported, quoting IDG News Service.
 
Citing the court documents, the report said the two companies have been at odds over whether Google improperly used so-called APIs (application programming interfaces) related to the Java programming language to create its Android operating system. 
 
Oracle said that Google has not paid the company for its use of Java which was developed by tech company Sun Microsystems acquired by Oracle in 2010.
 
Back in 2012, the companies took the issue to court but the jury was unable to determine whether Google used Java APIs fairly.
 
The two companies will again meet in court in May. Both of them declined to comment, the report added.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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