https://www.taxtmi.com/caselaws?id=305198 The Tribunal directed SLB Welfare Association to hand over possession of the real estate project to the Corporate Debtor within two weeks, emphasizing the IRP's duty under the IBC. It ruled in favor of the IRP in the dispute over ownership and possession rights, stating the project site belonged to the Corporate Debtor. The Tribunal upheld the IBC's precedence over the RERA Act, directing the handover of the project site to the IRP. Mr. Akarsh Kashyap was appointed as the Authorized Representative of the Financial Creditor, resolving the appointment issue in favor of the majority of home buyers. en-us Mon, 25 Jul 2022 00:00:00 +0530 Tue, 22 Nov 2022 09:01:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305198 The Tribunal directed SLB Welfare Association to hand over possession of the real estate project to the Corporate Debtor within two weeks, emphasizing the IRP's duty under the IBC. It ruled in favor of the IRP in the dispute over ownership and possession rights, stating the project site belonged to the Corporate Debtor. The Tribunal upheld the IBC's precedence over the RERA Act, directing the handover of the project site to the IRP. Mr. Akarsh Kashyap was appointed as the Authorized Representative of the Financial Creditor, resolving the appointment issue in favor of the majority of home buyers. Case-Laws Insolvency and Bankruptcy Mon, 25 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305198