How safe is your house if your realtor goes bankrupt? Law tweak gives homebuyers the edge – Business Today
If the promoters of a housing project face insolvency and liquidation, homebuyers property will kept out of the process, the latest amendment to the rules by the Insolvency and Bankruptcy Board of India (IBBI) has said. The tweak, which cuts the legal wrangle for homebuyers, gives them a significant say in the liquidation process. For…