The National Company Law Appellate Tribunal has made a pivotal assertion regarding homebuyers’ rights in insolvency cases, stipulating that disputes must be confined to the specific project where defaults have occurred. This ruling effectively shields unrelated real estate ventures from being implicated in insolvency actions.
NCLAT reaffirms project-specific insolvency proceedings against realty firms
April 14, 2026April 14, 2026|
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