Latest News on Homebuyers
Showing of 0 - 10 from 47 results
Homebuyers - Total results - 47
Nov 07, 2017
Jaypee-home buyers case: SC refuses to take Rs 400 cr from group, wants it to keep Rs 2,000 cr ready before next hearingYou sell your assets. We are not permitting to deposit it. It should be a sizable amount, said SC to Jaypee
Sep 22, 2017
Unitech's Sanjay Chandra fails to get bail as SC equates tears of buyers with his libertyAt the fag end of hearing, Chandra's counsel urged the court that the promoter should be allowed to work from his office in custody, the bench said, "No".
Sep 20, 2017
Supreme Court orders Unitech to pay Rs 80,000 as litigation cost to each of 39 home buyersA bench of Chief Justice Dipak Misra, Justice A.M. Khanwilkar and Justice D.Y. Chandrachud directed the real estate major to pay Rs 80,000 each as litigation cost to 39 flat buyers in one of the developer's projects
Sep 20, 2017
Jaypee Infratech insolvency: There's a viable solution to home buyers' troubles and it's built in bankruptcy codeSection 36 mandates all such properties held in trust for third parties will not be part of liquidation
Sep 15, 2017
Jaypee's home buyers Vs creditors: Will the insolvency resolution professionals do a balancing act?The IRP will need to carefully study the impact of the final resolution act that will structurally impact the industry as well as other sectors too
Sep 13, 2017
Jaypee Infratech insolvency: The mess just got messier and home buyers may continue to lose outThe bank default is hardly an issue. The bigger issue is the fact that a huge amount of money has been siphoned off from the home buyers
Sep 11, 2017
SC asks Jaypee to deposit Rs 2,000 cr, directs IRP to protect homebuyers, creditors' interestsAround 32,000 persons had booked flats in the projects of Jaypee Infratech.
Sep 05, 2017
Jaypee Infratech insolvency: Supreme Court stays NCLT proceedings, hope for 32,000 home buyersAround Rs 25,000 crore worth of money of flat buyers and others has been at stake and the insolvency proceedings were initiated "for a petty sum of Rs 500 crore".
Aug 28, 2017
SBI favours equal treatment of lenders, home buyers in projectsSBI's Managing Director (National Banking Group) Rajnish Kumar said that home buyers and lenders should bear losses at pari-passu if there are any losses in projects
Aug 17, 2017
Jaypee Infratech's 30,000 home buyers should brace for long battle; Arun Jaitley's sympathy will be of no useJaypee Infratech's 30,000 home buyers should brace themselves for a long battle as the bank has the grip and will be the first in the queue, leaving the cupboard bare