News & Media 20th Jan 2023

MC Explains: Will tweaks in insolvency law help homebuyers?


Shailesh Poria Partner | Mumbai

Latest Thought Leadership

Articles 14th Jun 2024

Digital Bouncers: Navigating the Digital Competition

Read More
Articles 14th Jun 2024

SEBI Imposes Financial Penalties on Market Infrastructure Institutions For Surveillance Failures

Read More
News & Media 13th Jun 2024

Compensation claims plunge as SEBI crackdown intensifies

Read More
News & Media 12th Jun 2024

50% assured pension for central govt staff under NPS: Proposal explained

Read More’s article ‘MC Explains: Will tweaks in insolvency law help homebuyers?’ sheds light on the proposed changes in the Insolvency and Bankruptcy Code by the Government which aim to reduce the woes of homebuyers caught in long-drawn-out legal battles with real estate developers. The amendments are intended to ensure expeditious resolution of stalled projects and provide legislative backing to the concept of ‘reverse corporate insolvency resolution process’ and ‘project-wise CIRP’.

Against this backdrop, Shailesh Poria, Partner, Economic Laws Practice (ELP) talks about how the proposed amendment seeks to balance the interests of banks and buyers.

The article can be read here: Click Here