HDIL on the verge of liquidation; homebuyers left high and dry
Housing Development and Infrastructure Ltd (HDIL), the Mumbai-based real estate company undergoing corporate insolvency resolution process (CIRP), is on the...
homebuyers
NCLT paves the way for liquidation of realtor estate developer 3C Homes
The Delhi bench of the National Company Law Tribunal (NCLT) has ordered the liquidation of real estate developer Three C...
IBC passes another test of constitutionality as SC upholds IBC Amendments Act 2020
By Megha Mittal and Ishika Basu In view of the rising need to fill critical gaps in the corporate insolvency...
SC upholds minimum homebuyers threshold for filing insolvency petition against real estate projects
Homebuyers have lost an important legal battle against the imposition of threshold of a minimum number of allottees for initiation...
NCLAT foils attempt by Supertech to withhold information from homebuyers
An attempt by realtor Supertech Township Projects Ltd to stonewall homebuyers from seeking information about allottees has been thwarted by...
Homebuyers’ fate hangs in balance as no bidders show interest in HDIL
Thousand of homebuyers’ fate hangs in balance as Housing Development and Infrastructure Limited (HDIL), the Mumbai-based infrastructure company, has not...