Homebuyers Cannot Initiate Insolvency To Execute RERA Decrees, Says NCLAT
People look at out at the construction site of Lodha The Park. (Photographer: Dhiraj Singh/Bloomberg)

Homebuyers Cannot Initiate Insolvency To Execute RERA Decrees, Says NCLAT

A decree, granted by the real estate regulator, in favour of a homebuyer cannot be the basis of an insolvency action, the National Company Law Appellate Tribunal has said.
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