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The Insolvency and Bankruptcy Board of India (IBBI) suggests granting ownership to debt-free purchasers who already own their property during the insolvent real estate firm's bankruptcy settlement. However, the committee of creditors must approve this plan.
- 8th Nov 2024
- 1140 Views
Project delays may be a major issue for homebuyers. Delays ruin plans and cost money and mental energy. Here are five sensible methods to avoid legal issues and streamline the home-buying process.
- 29th Sep 2024
- 1162 Views
INR 171-Crore Resolution Plan by MK Rajagopalan Approved by lenders MK Rajagopalan, the promoter of Chennai-based MGM Healthcare, purchased Visakhapatnam's 300-bed SevenHills Hospital through the IBC.
- 18th Jul 2024
- 1233 Views