IBC

Mr. Bahram N. Vakil is a founding partner at AZB & Partners and was a member of the Bankruptcy Law Reform Committee, a committee that helped conceptualize and facilitate the implementation of the Insolvency and Bankruptcy Code, 2016. He...

This question was addressed by the National Company Law Appellate Tribunal (NCLAT) in the case of in Flat Buyers Association v. Umang Realtech Pvt. Ltd. The case was concerned between the Flat Buyers Association of the Umang Realtech Pvt. Ltd.’s...

The Supreme Court in the case of Chitra Sharma v. Union Of India decided on 6 November 2019 that the home buyers shall be included in the list of financial creditors. Also, as a matter of fact, after the amendment...