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Resolution hard to come by for AMR project's homebuyers

Resolution hard to come by for AMR project’s homebuyers SECTIONS Share Synopsis The process drew resolution plans from two builders and one of the plans was approved by the committee of creditors in May 2019. Since then, at least twice the orders were reserved on approving the plan, but could not be pronounced as the relevant judges left office at the company law tribunals. The National Company Law Tribunal Appellate admitted the insolvency petition in May 2018 when aggrieved buyers alleged f...
Justice Prakash Kumar Rajat Singhal Prakash Kumar Vikram Bajaj Harish Chopra Surender Kumar Singhal

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