Can I read Supreme Court Case Summaries (Aug 2019) on EtoBox?

Supreme Court Case Summaries (Aug 2019) by Richa Kesarwani is a document available to read on EtoBox.

What is Supreme Court Case Summaries (Aug 2019) about?

The Supreme Court upheld the constitutional validity of amendments made to the Insolvency and Bankruptcy Code that deemed allottees of real estate projects to be "financial creditors". The Court observed that allottees/home buyers were already included in the main provision of the Code as financial creditors from its inception, and the 2018 amendment merely clarified this position. It was noted that amounts raised from home buyers significantly contribute to financing construction, so they must have remedie

Author

Richa Kesarwani

Language

EN