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CREDITOR REPRESENTATION
Homebuyers' maintenance societies, RWAs can't intervene in insolvency process of developer firm: SCThe Supreme Court has ruled that homebuyers' societies and Resident Welfare Associations cannot intervene in the insolvency proceedings of ...15 Jan, 2026, 09.09 PM IST- Realty insolvency reforms to push for streamlined solutions for homebuyers, lendersThe Insolvency and Bankruptcy Board of India (IBBI) has proposed reforms to expedite the insolvency process for real estate companies, aimi...17 Nov, 2024, 10.16 PM IST
- IBBI tweaks norms to speed up insolvency resolution in housingThe IBBI has introduced amendments to the Insolvency Resolution Process for Corporate Persons, effective from September 24. These changes i...27 Sep, 2024, 12.02 AM IST
- Insolvency rules: Port dues to state govts will not get preferenceThe maritime board also requested that MCA and IBBI direct liquidators to deposit port dues "promptly and vacate premises upon termination"...20 Sep, 2023, 11.11 PM IST
- NCLAT sets aside order directing RIL to get stakeholders nod for transfer of RPPMSL's Digital EPC assetsThe National Company Law Appellate Tribunal (NCLAT) has set aside the order of the NCLT that required Reliance Industries (RIL) to obtain t...14 Jul, 2023, 08.15 PM IST
- Will DHFL depositors get their money back?The deposit holders with overall exposure of Rs 6,000 crore are at risk of losing their savings.21 Nov, 2019, 09.24 PM IST
- Road ahead for Jaypee homebuyers as insolvency proceedings beginHomebuyers got the right to be part of the Committee of Creditors due to an amendment in the Insolvency and Bankruptcy Code, making them se...22 Aug, 2018, 12.18 PM IST
- Not easy for home buyer to recover from defaulting builder under IBC: NCLT President"Homebuyers, after becoming financial creditors, under the IBC (after amendments) may no be a happy lot," Justice Kumar said.24 Jul, 2018, 11.36 PM IST
- Homebuyers, be careful, bankruptcy stops short of empowering you fullyExperts say the amended law will benefit homebuyers only at the resolution stage so they should try to turn around the company instead of g...14 Jun, 2018, 03.42 PM IST
- Ministry of Corporate Affairs to step up probe into Nirav Modi, ICICI casesAfter an initial examination, the ministry has referred 19 companies to the Serious Fraud Investigation Office (SFIO) for further probe rel...13 Jun, 2018, 11.42 PM IST
- Just one homebuyer is all that is needed drag a rogue builder to bankruptcy courtUnder the Insolvency and Bankruptcy Code Amendment Ordinance, 2018, homebuyers will get due representation in the committee of creditors.07 Jun, 2018, 01.55 PM IST
- Home buyers get more say in insolvency processThe tag of financial creditors will allow buyers of apartments in Jaypee Infratech and Amrapali projects to have a say in ensuring that the...07 Jun, 2018, 10.38 AM IST
- Government promulgates IBC ordinance; home buyers to be treated as financial creditorsPresident Ram Nath Kovind has given his assent to promulgate the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, according to a...06 Jun, 2018, 03.51 PM IST
- Insolvency and Bankruptcy Code: Cabinet okays ordinance to amend IBCThe Insolvency and Bankruptcy Code Amendment (Ordinance) 2018 also seeks to streamline bidding eligibility provisions to remove grey areas24 May, 2018, 11.01 AM IST
- Resolution Professional allows representation of Binani's operational creditorsOperational creditors are allowed if their exposure is at least 10 per cent of the debt, which is not the case for Binani Cement.08 May, 2018, 08.32 PM IST
- SMEs' claims may get higher priority in liquidation casesThis comes after representations that small and medium enterprises (SMEs), which are suppliers of goods or services to a defaulting company...12 Dec, 2017, 09.13 AM IST
- Government orders merger of NSEL with Financial TechnologiesOf this outstanding amount, NSEL has so far managed to distribute only Rs 304.50 crore upto 10th September, 2013.13 Feb, 2016, 06.01 AM IST
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