https://www.taxtmi.com/caselaws?id=365189 The Supreme Court upheld the validity of the Insolvency and Bankruptcy Code (IBC) amendments recognizing home buyers as financial creditors. It set aside the National Company Law Tribunal (NCLT) order, revived the Corporate Insolvency Resolution Process (CIRP) for the company, and included home buyers in the Committee of Creditors. The Court affirmed the applicability of the moratorium under Section 14(1)(a) to home buyers while safeguarding their interests. It focused on completing projects, protecting home buyers, and ensuring a fair resolution process, barring ineligible parties from submitting resolution plans. en-us Thu, 09 Aug 2018 00:00:00 +0530 Tue, 17 Mar 2026 11:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365189 The Supreme Court upheld the validity of the Insolvency and Bankruptcy Code (IBC) amendments recognizing home buyers as financial creditors. It set aside the National Company Law Tribunal (NCLT) order, revived the Corporate Insolvency Resolution Process (CIRP) for the company, and included home buyers in the Committee of Creditors. The Court affirmed the applicability of the moratorium under Section 14(1)(a) to home buyers while safeguarding their interests. It focused on completing projects, protecting home buyers, and ensuring a fair resolution process, barring ineligible parties from submitting resolution plans. Case-Laws IBC Thu, 09 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365189