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Tag Archive for "reverse-cirp-under-ibc" -

CentrikBlogsReverse CIRP under IBC

Tag: Reverse CIRP under IBC

Reverse CIRP and its Modus Operandi- An Extraneous concept to IBC Regime

Posted by Advocate Siddhi GautamPosted on November 1, 2022November 16, 20220 CommentsCategories Authentic Legal Advice, Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016Tags cirp of real estate companies, corporate insolvency resolution process, Insolvency case against Supertech Limited, insolvency of real estate companies, Reverse CIRP, Reverse CIRP under IBC, Reverse Insolvency, Reverse Insolvency process, supertech insolvency order, umang realtech nclat

The constitution of COC for one project instead of all is against the regular practice of CIRP. In the past two years, the NCLAT has passed similar orders in various cases and called them Reverse CIRP.

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REVERSE INSOLVENCY – GOOD FOR ALL (HOMEBUYERS & BUILDER)

Posted by Amarpal JakharPosted on August 8, 2020August 8, 20200 CommentsCategories Authentic Legal Advice, Benchmarking, Business Advisory, Cross Border Advisory, Debt Recovery Management, Government Advisory, Grievance Redressal, Insolvency & Bankruptcy Code 2016, Legal Advisory, Legal Outsourcing, Project Funding, Registration And Compliance, RERA ConsultingTags diversion of funds, Financial Creditor under IBC, NCLT to initiate the CIRP, Provisions of IBC, reverse CIRP against a real estate company, Reverse CIRP NCLAT, Reverse CIRP under IBC, reverse corporate insolvency process, Reverse Insolvency, reverse insolvency under IBC, right of homebuyers, What is Reverse Insolvency

Reverse Insolvency Under IBC laws, seems best solution for struck real estate projects and Reverse Insolvency concept is kind good for both homebuyer and builder

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Reverse CIRP under IBC- A boon or Curse for the Homebuyers?

Posted by Amar VivekPosted on April 1, 2020April 1, 20200 CommentsCategories Insolvency & Bankruptcy Code 2016, RERA ConsultingTags CIRP under IBC, Corporate Insolvency Resolution Process under Insolvency and Bankruptcy Code, insolvency proceedings under the IBC, reverse CIRP against a real estate company, Reverse CIRP meaning, Reverse CIRP NCLAT, Reverse CIRP under IBC

Earlier the allottees had an option of claiming refund of the entire amount. But under the reverse CIRP, the allottees will not be able to claim the refund.

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