Supreme Court Ruling On Insolvency: Supreme Court: Insolvency shield is for firm, not promoters | India News
IBC is to facilitate the resolution process and not to eclipse the statutory remedies NEW DELHI: Promoters of real estate companies use pending insolvency proceedings as a shield to protect themselves in court cases filed by homebuyers for not giving possession of flats, but Supreme Court on Monday clarified that a moratorium against the corporate…
