https://www.taxtmi.com/caselaws?id=421638 The Supreme Court allowed the appeal, quashing the NCLAT's order and permitting the appellant to complete the housing project in the best interest of homebuyers. The appellant was directed to complete the project as per the settlement plan covering all allottees. The court emphasized the importance of timely completion to prevent cost escalations and ensure the honoring of previous agreements. The IRP was tasked with monitoring and reporting the project's progress, with quarterly reports due to the NCLAT. Various applications were addressed, with the appeal allowed and the NCLAT's order set aside. en-us Wed, 27 Apr 2022 00:00:00 +0530 Fri, 29 Apr 2022 08:17:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421638 The Supreme Court allowed the appeal, quashing the NCLAT's order and permitting the appellant to complete the housing project in the best interest of homebuyers. The appellant was directed to complete the project as per the settlement plan covering all allottees. The court emphasized the importance of timely completion to prevent cost escalations and ensure the honoring of previous agreements. The IRP was tasked with monitoring and reporting the project's progress, with quarterly reports due to the NCLAT. Various applications were addressed, with the appeal allowed and the NCLAT's order set aside. Case-Laws Insolvency and Bankruptcy Wed, 27 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421638