Central Government notifies a debt raised from the Special Window for Affordable and Middle-Income Housing Investment Fund - S.O. 1145(E) - Insolvency and Bankruptcy
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Recognition of housing fund debt under IBC enables priority treatment for financing stalled affordable housing projects. Notification designates a debt raised from the Special Window for Affordable and Middle-Income Housing Investment Fund I as a debt under clause (15) of section 5 of the Insolvency and Bankruptcy Code, 2016, and defines the Fund as a Central Government-sponsored alternate investment fund registered with SEBI to provide priority debt financing for completion of stalled affordable and middle income housing projects.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Recognition of housing fund debt under IBC enables priority treatment for financing stalled affordable housing projects.
Notification designates a debt raised from the Special Window for Affordable and Middle-Income Housing Investment Fund I as a debt under clause (15) of section 5 of the Insolvency and Bankruptcy Code, 2016, and defines the Fund as a Central Government-sponsored alternate investment fund registered with SEBI to provide priority debt financing for completion of stalled affordable and middle income housing projects.
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