https://www.taxtmi.com/news?id=67499 Homebuyers' maintenance societies and RWAs lack locus standi to intervene in insolvency proceedings under the IBC because participatory rights are confined to statutorily defined categories; a society that has not itself advanced funds, executed allotment agreements, or received allotments cannot be a financial creditor, and collective representation arises only post-admission through the authorised representative mechanism. en-us Thu, 15 Jan 2026 21:01:03 +0530 Thu, 15 Jan 2026 21:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=67499 Homebuyers' maintenance societies and RWAs lack locus standi to intervene in insolvency proceedings under the IBC because participatory rights are confined to statutorily defined categories; a society that has not itself advanced funds, executed allotment agreements, or received allotments cannot be a financial creditor, and collective representation arises only post-admission through the authorised representative mechanism. News - Thu, 15 Jan 2026 21:01:03 +0530 https://www.taxtmi.com/news?id=67499