RERA VS IBC: NAVIGATING THE COMPLEXITIES AT THE INTERSECTION OF LANDOWNERS, DEVELOPERS, BUILDERS, AND ALLOTTEES
INTRODUCTION TO RERA V IBC This paper explores the overlapping jurisdictions of the Real Estate (Regulation and Development) Act (RERA) and the Insolvency and Bankruptcy Code ( IBC ) and the conflicts that arise when these legal frameworks intersect in real estate disputes. With developers increasingly embroiled in insolvency proceedings under IBC, the interests of...
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Introduction In a booming economy such as India, a healthy credit flow and the development of fresh capital are crucial, and when a corporation or business becomes insolvent or “sick,” it begins to default on its obligations. To prevent credit from becoming stranded in It is crucial that banks or creditors are able to collect...
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