Monday, April 7, 2025

Homebuyers and IBC

Homebuyers and IBC

IBC, 2016 - Direction issued to Corporate Debtor to make payment of amount of Rs.17 lakhs which was paid by the Home Buyer to the bank for arriving at settlement with the bank regarding amount paid by the bank towards unit in question. - Gaurav Jindal v Debashish Nanda [2025] GCtR 792 (NCLAT)

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