GK house owner shocked to find his property sold off by tenant

News Network
August 20, 2017

New Delhi, Aug 20: A south Delhi-based Chartered Accountant has registered a case against his tenant for allegedly grabbing and selling off his Greater Kailash II flat to a builder.

According to complainant Sachin Jain, a resident of Malviya Nagar, he bought a 300 square yard property from BDR builder private limited in July 2015, which is also duly registered with sub-registrar office at Hauz Khas.

Soon after the purchase, Jain leased the property to Narinder Singh Narag for a period of two years on a monthly rent of Rs 62,500. Jain, in his FIR at the CR Park police station, said that things remained smooth for six months after which Narang stopped paying the rent. "We got a lease deed registered and for six months Narang paid us the rent through cheques.

When Narang's family defaulted payment, we sent them a court notice in February 2016, and in April 2016 a case was filed at Saket court. In October, the court directed Narang to pay us the rent for 10 months, for which they paid us Rs 6.25 lakh after the court's intervention," Jain told Mail Today.

Jain claims that Narang requested the court to allow them to stay in the property as the lease deed was for two years, that is, till July 2017. But the real shock for Jain came in August 2017 when he advertised to sell the property. "I got a call from a property dealer who identified himself as Subhash Arora.

He claimed that the same property was sold to him by Narang in March 2016. While scanning the document, I found that Narang had forged the documents and sold my house to Arora," Jain said. When Mail Today contacted Narinder Singh Narang, he claimed that the property belongs to him and the charges against him are frivolous.

However, he could not furnish documents related to the property and declined to give an official comment. Property dealer Arora, who bought the house from Narang is also puzzled about the ownership and is planning to approach the police to investigate the matter.

Police has registered an FIR against Narang and are scanning the document to establish ownership. "We are checking the record with several government offices to verify the real owner of the property. Jain has furnished all the documents related to the case, but Narang is yet to give documents," said a senior police officer.

Another senior officer said that Narang's family used to live on the first floor of the building from 1995 to 2014. His brother was living on the ground floor. It was in 2014 that Narang sold the house to BDR Builders, who further sold the 300 square yard first floor property to Sachin Jain after a year-and-half of purchase. In his complaint, Jain also alleged that the Narangs have abused and threatened him with dire consequences if he pursues the matter further.

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Agencies
March 14,2020

New Delhi, Mar 14: Excise duty on petrol and diesel was on Saturday hiked by ₹3 per litre as the government looked to mop up gains arising from fall in international oil prices.

Special excise duty on petrol was hiked by ₹2 to ₹8 per litre incase of petrol and to Rs 4 incase of diesel, an official notification said.

Additionally, road cess on petrol was raised by ₹1 per litre each on petrol and diesel to ₹10.

The increase in excise duty would in normal course result in a hike in petrol and diesel prices but most of it would be adjusted against the fall in rates that would have necessitated because of slump in international oil prices.

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News Network
May 28,2020

May 28: Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry, and more cuts are coming.

One of the nation's biggest manufacturers will lay off 6,770 U.S. employees this week, and another 5,520 workers are taking buyout offers to leave voluntarily in the coming wee

Air travel within the U.S. tumbled 96% by mid-April, to fewer than 100,000 people on some days. It has recovered slightly. The Transportation Security Administration said it screened 264,843 people at airports on Tuesday, a drop of 89% compared with the same Tuesday a year ago.

Boeing had said it would cut 10% of a work force that numbered about 160,000. A Boeing spokesperson said Wednesday's actions represent the largest number of job cuts, but several thousand additional jobs will be eliminated in the next few months.

The layoffs are expected to be concentrated in the Seattle area, home to Boeing's commercial-airplanes business. The defense and space division is stable and will help blunt the impact of the decline in air travel and demand for passenger jets, the company said.

Boeing said additional job cuts will be made in international locations, but it did not specify numbers.

"The COVID-19 pandemic's devastating impact on the airline industry means a deep cut in the number of commercial jets and services our customers will need over the next few years, which in turn means fewer jobs on our lines and in our offices," CEO David Calhoun said Wednesday in a memo to employees.

Calhoun said the company faces the challenges of keeping employees safe and working with suppliers and airlines "to assure the traveling public that it can fly safe from infection."

Calhoun warned that Boeing will have to adjust business plans constantly because the pandemic makes it hard to predict the impact on the company's business.

Boeing's crisis began with two crashes of its 737 Max, which led regulators around the world to ground the jetliner last year. The company's problems have deepened with the coronavirus, which has cut global air traffic by up to 90% and caused airlines to postpone or cancel orders and deliveries for new planes.

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Agencies
July 29,2020

New Delhi, Jul 29: The new National Education Policy (NEP) approved by the Union Cabinet on Wednesday is set to usher in a slew of changes with the vision of creating an education system that contributes directly to transforming the country, providing high-quality education to all, and making India a global knowledge superpower.

The draft of the NEP by a panel headed by former Indian Space Research Organisation (ISRO) chief Kasturirangan and submitted to the Union Human Resource Development Minister Ramesh Pokhriyal when he took charge last year. The new NEP replaces the one formulated in 1986.

Some of the key highlights of the New Education Policy are:-

The policy aims to enable an individual to study one or more specialized areas of interest at a deep level, and also develop character, scientific temper, creativity, spirit of service, and 21st century capabilities across a range of disciplines including sciences, social sciences, arts, humanities, among others.

It identified the major problems facing the higher education system in the country and suggested changes such as moving towards multidisciplinary universities and colleges, with more institutions across India that offer medium of instruction in local/Indian languages, a more multidisciplinary undergraduate education, among others. 

The governance of such institutions by independent boards having academic and administrative autonomy has also been suggested.

Under the suggestions for institutional restructuring and consolidation, it has suggested that by 2040, all higher education institutions (HEIs) shall aim to become multidisciplinary institutions, each of which will aim to have 3,000 or more students, and by 2030 each or near every district in the country there will be at least one HEI.

The aim will be to increase the Gross Enrolment Ratio in HEIs including vocational education from 26.3 per cent (2018) to 50 per cent by 2035.

Single-stream HEIs will be phased out over time, and all will move towards becoming vibrant multidisciplinary institutions or parts of vibrant multidisciplinary HEI clusters.

It also pushes for more holistic and multidisciplinary education to be provided to the students.

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