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Tag Archive for "homebuyer-can-file-the-insolvency-petition-against-the-builder" -

CentrikBlogshomebuyer can file the insolvency petition against the builder

Tag: homebuyer can file the insolvency petition against the builder

Insolvency petition to NCLT by a Homebuyer

Posted by Advocate Kunal AhujaPosted on February 14, 2019February 19, 20196 Comments on Insolvency petition to NCLT by a HomebuyerCategories Debt Recovery Management, RERA ConsultingTags Amendment under IBC, builder fails to deliver the possession within a time period, Filing of insolvency application, homebuyer can file the insolvency petition against the builder, Insolvency petition to NCLT, Insolvency Professionals, NCLT under IBC

An application filed by the homebuyers under section 7 of IBC shall be maintainable. Therefore the homebuyers are advised to approach NCLT under IBC to recover their stuck money in a time-bound manner.

6 Comments on Insolvency petition to NCLT by a Homebuyer
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