Should Homebuyers Who Secure Decree For Refund From RERA Be Treated As Financial Creditors? Supreme Court To Decide

Suraj Kumar

14 Aug 2023 7:44 PM IST

  • Should Homebuyers Who Secure Decree For Refund From RERA Be Treated As Financial Creditors? Supreme Court To Decide

    The Supreme has agreed to decide the question of law whether homebuyers, who secure a decree from the Real Estate Regulatory Authority for a refund of their investment, should be treated as financial creditors under the Insolvency and Bankruptcy Code 2016.The bench comprising Justices S Ravindra Bhat and Justice Prashant Kumar Mishra on Monday(Aug 14) was hearing an appeal against a...

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