Real property brokers who had approached the Punjab and Haryana High Court in opposition to the Haryana Real Estate Regulatory Authority’s (HRERA’s) call for higher registration charges got alleviation from the court docket, which stayed the demand made via the authority on Friday. The agents registered with the power had been adversarial to Herrera’s decision to equate sole proprietorship corporations with other entities consisting of individual partnership companies or companies. The brokers submitted that via doing so, the authority was asking them to pay Rs 2.25 lakh more as a yearly registration price, which, they claimed, became unjust and against the norms.
After listening to the matter on Friday, Justice RK Jain of Punjab and Haryana High Court granted a life at the route of the authority, stated Ashish Chopra, who appeared for petitioners. They had petitioned the court on August 16. The court docket gave respite to the petitioners, who have been dealing with deregistration since August 31. The next date of hearing is September 11,” he introduced.
Chopra said their submission to the court was that sole proprietorship isn’t a separate entity from a person, and each is one and identical. The interpretation of HRERA, that an individual was exclusive from his brand name and that it isn’t always an individual, is not proper,” he stated. Despite having a sigh of comfort, the agents maintained that the HC life changed into the most effective, a partial victory for them.
This order needs to hold ground ultimately for agents to get justice. It isn’t always possible to pay such cash in Gurugram and get licenses in other states, including Delhi, Noida, and Rajasthan,” stated Ravinder Aggarwal, a dealer who’s part of the forty-member institution that approached the court docket. The broking community also wishes the government not to forget a single license for groups throughout the country instead of having registered one after the other in every country. If we can have a single right for the whole lot, why not for brokers?
Meanwhile, HRERA (Gurugram) chairperson KK Khandelwal said, “It is their right to technique a higher discussion board for grievance redressal. We need to settle this issue so we don’t face audit problems. If it is determined in their favor, we welcome it. We don’t have any problems. We requested them to go to the High Court to clear this issue. They are our companions in realizing the increase of actual property in Gurugram.