RERA's Right to Appeal Under IBC Affirmed, Strengthening Consumer Protection in Real Estate Sector.

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Full Text of the Document

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....Admissibility of section 9 application - locus of Real Estate Regulatory Authority and Aquacity Consumer and Societies Welfare Society to file Company Appeal u/s 61 of IBC - - Appeal filed by the RERA cannot be thrown out on the ground of locus. The RERA held to be aggrieved person within the meaning of Section 61 of the Code - the question has to be answered in affirmative holding that RERA has locus to file Company Appeal. - AT....