Citing the information received from NCLT, Minister of State for Corporate Affairs Anurag Singh Thakur said that a total 1,821 cases have b...

There are many companies in Delhi-NCR which are facing insolvency proceedings, including Jaypee Infratech, because of default to home buyer...

There are around 1.74 lakh stalled housing units across the top seven cities and their buyers can now stake claims to their dues by initiat...

Homebuyers will have a say in Committee of Creditors and they can also initiate insolvency proceedings.

The changes, to be ratified by Parliament, will help clear backlog of pending cases.

Govt has amended the Insolvency and Bankruptcy Code to treat homebuyers as financial creditors but the law mandates treating those abstaini...

Under IBC the difference between secured financial creditors and unsecured financial creditors mostly has an implication on the priority of...

"Homebuyers, after becoming financial creditors, under the IBC (after amendments) may no be a happy lot," Justice Kumar said.

The amended law has given home buyers an equal status as other creditors and allowed withdrawal of insolvency proceedings under certain con...

The IBBI Regulations have been amended following the government coming out with an ordinance amending the IBC in June.

Effectively, the law now incorporates the on-ground reality, which is that home-buyers are not just customers but also a source of capital ...

Enabling MSME promoters to bid for their companies under the IBC resolution process will help in speedy resolution in a large number of cas...

Besides home buyers, the ordinance will benefit housing financing companies’ asset quality, especially developer-led originations, though w...

For this, the government must amend the IBC to recognise the legitimate claim of home buyers. After all, they use their lifetime savings to...

The 14-member Insolvency and Bankruptcy Code panel was constituted to review the working of the law and to address concerns around its impl...

A rising number of cases involving stressed assets are being taken up for resolution under the Insolvency and Bankruptcy Code (IBC), which ...

In the present form, the IBC does not recognise the buyer of an under-construction housing unit of a company going into bankruptcy as a sec...