Jaypee case: SC ruling protects both homebuyers and bankruptcy law -...

09/12/17


Moneycontrol.com

Jaypee case: SC ruling protects both homebuyers and bankruptcy law
Moneycontrol.com
For the bankers, the resolution process doesn't get derailed. Moreover, in an unprecedented move, IBBI (Insolvency and Bankruptcy Board of India) had earlier made the homebuyers a party to the insolvency process, but with a status of unsecured creditors.
Will bankruptcy apply to minnows alone or powerful businesses too?Economic Times
India's top court moves to protect Jaypee Infratech home buyersReuters
Jaypee case: SC order exposes lacuna in insolvency code, necessitates amendmentHindustan Times
Bloomberg -The Hindu -ETRealty.com
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