Homebuyers Under Ibc
SC upholds IBC amendments, status of homebuyers as financial creditors
The bench said only genuine homebuyers can invoke insolvency proceedings against the builder and asked the Centre to file an affidavit taking the corrective measures
 "SC upholds IBC amendments, status of homebuyers as financial creditors")
Govt, SBI, LIC to provide Rs 25,000 cr fund to stalled housing projects
This will finance 1,600 stalled housing projects comprising 4,58,000 housing units across the country
 "Govt, SBI, LIC to provide Rs 25,000 cr fund to stalled housing projects")
Rs 25,000 cr AIF for stalled projects will boost homebuyers' faith: LIC HF
Firm hopes to disburse Rs 55,000 cr this year, up from Rs 48,000 cr last year, says MD & CEO Siddhartha Mohanty
 "Rs 25,000 cr AIF for stalled projects will boost homebuyers' faith: LIC HF")
Homebuyers' body urges PM to include non-RERA projects in Rs 25k-cr fund
The Real Estate (Regulation & Development) Act, which became effective from May 2017, provides for setting up of regulators in each state.
 "Homebuyers' body urges PM to include non-RERA projects in Rs 25k-cr fund")
A tweak in the IBC yields more power to homeowners, but gaps remain
Buyers should consider approaching the real estate regulator first, before taking the developers to National Company Law Tribunal
 "A tweak in the IBC yields more power to homeowners, but gaps remain")
Experts laud equal footing to homebuyers and unsecured lenders under IBC
Close to 31,000 homebuyers of Jaypee Infratech and 41,000 of Amrapali's Silicon City project have appealed to the Supreme Court
 "Experts laud equal footing to homebuyers and unsecured lenders under IBC")
