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IBC - Highlights / Catch Notes

Home Highlights December 2023 Year 2023 This

Admissibility of section 9 application - locus of Real Estate ...


RERA's Right to Appeal Under IBC Affirmed, Strengthening Consumer Protection in Real Estate Sector.

December 12, 2023

Case Laws     Insolvency and Bankruptcy     AT

Admissibility of section 9 application - locus of Real Estate Regulatory Authority and Aquacity Consumer and Societies Welfare Society to file Company Appeal u/s 61 of IBC - - Appeal filed by the RERA cannot be thrown out on the ground of locus. The RERA held to be aggrieved person within the meaning of Section 61 of the Code - the question has to be answered in affirmative holding that RERA has locus to file Company Appeal. - AT

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