Supreme Court Upholds IBC Amendments Giving Financial Status To The Home buyers

  • Posted by Arpit Marwah
  • On August 19, 2019
  • 0 Comments
  • Supreme Court upholds home buyers
Big victory for the home buyers as the Top Court on Friday upheld the Government’s amendment in IBC whereby home buyers were given the status of financial creditors. Now, the home buyers can take the guidance and relief from the three regulating law bodies- RERA (Real Estate Regulation Act), Consumer Protection Act and IBC. This […]
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NCLAT: Financial Service Provider Do not Come Within The Meaning of Corporate Person/Corporate Debtor

  • Posted by Arpit Marwah
  • On August 7, 2019
  • 0 Comments
  • corporate creditor meaning, corporate debtor definition, corporate debtor ibc, corporate debtor insolvency code, corporate debtor meaning under ibc, definition of corporate debtor under ibc, IBC for Corporate Debtors, who is a corporate debtor under ibc
NCLAT rejected HDFC’S Insolvency Plea against RHC Holding; holds that RHC is a non-banking financial institution who is carrying on business of financial institution and thereby it being financial service provider do not come within the meaning of Corporate Person/Corporate Debtor * Last year on 6th Dec, 2018 the NCLT found that RHC holding was […]
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