'Advantage flatbuyers' in insolvency cases, Parl panel suggests

A parliamentary panel has recommended the government to introduce a provision in the Insolvency Bankruptcy Code (IBC) making it mandatory for builders to provide details of all customers in a project, if a single homebuyer decides to file for the builder’s bankruptcy resolution in the NCLT.

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Aug 8, 2021 - 10:17
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'Advantage flatbuyers' in insolvency cases, Parl panel suggests
A parliamentary panel has recommended the government to introduce a provision in the Insolvency Bankruptcy Code (IBC) making it mandatory for builders to provide details of all customers in a project, if a single homebuyer decides to file for the builder’s bankruptcy resolution in the NCLT.