SC on Status of Homebuyers under the Waterfall mechanisms
LexForti
FEBRUARY 3, 2023
This amendment made deem allottees of a real estate project to be financial creditors, enabling them to trigger CIRP against the real estate developers under Section 7 of the Code. Issues Whether the funds raised under a real estate project from allottees has the commercial effect of a borrowing?
Let's personalize your content