Create provision in IBC code for builders to give details of all home-buyers if one files for bankruptcy resolution, Parl panel

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.

source https://timesofindia.indiatimes.com/india/create-provision-in-ibc-code-for-builders-to-give-details-of-all-home-buyers-if-one-files-for-bankruptcy-resolution-parl-panel/articleshow/85136612.cms

Comments