Real Estate Developer Archives

Justice for Home Buyers as Supreme Court grants Builder 6-Month interim bail to settle claims; Merges 81 FIRs

“We hope that the petitioner is able to make the most of this indulgence granted by us, keeping in mind only the interest of the home buyers.”

Case Briefs Tribunals/Commissions/Regulatory Bodies

National Company Law Tribunal orders insolvency proceedings against Supertech: Indebted and defaulted repayment of loan

National Company Law Tribunal, New Delhi: The Coram of P.N. Prasad, Judicial Member and Rahul Bhatnagar, Technical Member, declared insolvency proceedings against

Case Briefs Tribunals/Commissions/Regulatory Bodies

NCLAT | S. 65 of IBC is not meant to negate process under S. 7 or 9 of IBC; Penal action under S. 65 can be taken only when provision of Code has been invoked fraudulently, with malicious intent

National Company Law Appellate Tribunal (NCLAT): The Bench of Justice Venugopal M. (Judicial Member) and V.P. Singh (Technical Member) and Shreesha Merla (Technical