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    <title>2024 (12) TMI 1706 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, PRINCIPAL BENCH, NEW DELHI</title>
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    <description>A unified project-completion model under NBCC was accepted for the stalled real estate projects because it best served viability, execution control, and stakeholder interests, while Doon Square remained outside the package. The Tribunal approved the proposed timelines and directed fixed milestones for approvals, work awards, and commencement, but refused any exemption from RERA and building-law compliances. Existing homebuyers were protected from cost escalation beyond contractual dues. Governance measures, including project-wise committees, separate accounts, monitored funding, and stakeholder supervision, were approved to secure completion and transparency.</description>
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