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Tag Archive for "cirp-prceedure-for-homebuyers" -

CentrikBlogsCIRP Prceedure for Homebuyers

Tag: CIRP Prceedure for Homebuyers

How NCLT through IBC can help homebuyers to get refund from defaulting Builders

Posted by ajay.shuklaPosted on March 27, 2021March 30, 20210 CommentsCategories Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016, RERA ConsultingTags CIRP Prceedure for Homebuyers, CIRP under IBC, corporate insolvency proceedings under the IBC, Financial Creditors under IBC, Homebuyer as financial Creditor, How can homebuyers get refund from defaulting Builders, How NCLT help homebuyers under IBC, insolvency proceedings, NCLT and IBC, NCLT under IBC, relief against the defaulting builders, Relief for homebuyers

Hon’ble SC clarified the position of the homebuyers similar to that of a “financial creditor” under the IBC, after this the homebuyers were at a par with banks and financial institutions.

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  • The Conundrum of Reverse Corporate Insolvency Resolution Process March 31, 2023
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  • How to take maximum benefit from RERA as a Homebuyer and as a builder? March 29, 2023
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  • CIRP proceedings could be initiated against both corporate co-borrowers, but the recovery of the same amount could not be made from both parties: SC March 23, 2023

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