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Tag Archive for "home-buyers-can-approach-the-nclt-against-the-builders" -

CentrikBlogshome buyers can approach the NCLT against the builders

Tag: home buyers can approach the NCLT against the builders

Home Buyers can approach NCLT in case of extraordinary delay in possession or refund

Posted by Advocate Kunal AhujaPosted on May 27, 2019June 6, 20190 CommentsCategories Debt Recovery Management, Legal Advisory, RERA ConsultingTags corporate insolvency resolution process against a defaulting Builders, Delay in Possession, delay in refund, home buyers can approach the NCLT against the builders, NCLT against the builders

Insolvency and bankruptcy Law 2016, has categorised the home buyers debt as financial debt to the real estate company/builder and therefore, homebuyers can claim their dues as bank claims its debt.

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