NEW DELHI: Moved by the plight of homebuyers who have not been given the possession of flats despite paying money to builders, the Supreme Court today observed it wanted to help these investors who must get their flats or their money refunded.
A bench headed by Chief Justice Dipak Misra said this while hearing a plea by over 40 homebuyers of Jaypee Wish Town project at Noida in Uttar Pradesh who have challenged certain provisions of the Insolvency and Bankruptcy Code, 2016.
The apex court, however, said it does not want to have more litigations in such matters.
“We want to help the homebuyers but not litigation,” the bench, also comprising Justices A M Khanwilkar and D Y Chandrachud, said.
“We want that homebuyers must get their…
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