Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
IBBI Introduces Amendments To Allow Homebuyers To Take Possession During CIRP
Insolvency & Bankruptcy CodeRERA & Property Act
The IBBI (Insolvency and Bankruptcy Board of India) introduced amendments to allow homebuyers to take possession of their properties during the Corporate Insolvency Resolution Process (CIRP). This provides relief to homebuyers who are affected by delays and uncertainties in insolvency proceedings. The amendments aim to balance the interests of homebuyers and other stakeholders in the CIRP.
