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Tag Archive for "association-of-the-home-buyers" -

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Tag: association of the Home Buyers

Breach of clause of the agreement, terming it as Default?

Posted by Advocate Chetna BishtPosted on May 18, 2022May 27, 20220 CommentsCategories Authentic Legal Advice, Corporate Litigation-All In Way, Insolvency & Bankruptcy Code 2016, Legal Outsourcing, RERA ConsultingTags agreement between the builder and the association, association of the Home Buyers, Breach or Default, builder has failed to refund the IBMS charges, clause of the agreement, Insolvency and Bankruptcy Code, Insolvency Proceedings against the Builder, proceedings against the proposed Insolvency Resolution Professionals

Delhi-based bench of NCLT passed an order by allowing a plea filed by the Residents Association for breach clauses of the agreement between the builder and the association, terming it as default. 

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