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Has bankruptcy law failed homebuyers? SECTIONS Last Updated: Jun 28, 2021, 09:31 AM IST Share Synopsis Five years after the Insolvency & Bankruptcy Code (IBC) was notified, only eight resolution plans for real estate sector have been approved although some 205 cases had been admitted until March 2021, Insolvency & Bankruptcy Board of India data showed. (This story originally appeared in on Jun 28, 2021)NEW DELHI: Four years ago, Kanupriya was among the 20,000 homebuyers in Jaypee Infratech’s project in Noida who was hoping that an early resolution will help her take possession of the apartment she had booked in 2012. She is still waiting as the resolution process – monitored directly by the Supreme Court – seems to have entered the final leg.

Shobhit agarwalMukesh kumar jainChandra prakashSupreme courtNational company law tribunalBankruptcy codeBankruptcy boardOriental bankKumar jainஷோபித் அகர்வால்முகேஷ் குமார் ஜெயின்சந்திரா பிரகாஷ்உச்ச நீதிமன்றம்தேசிய நிறுவனம் சட்டம் தீர்ப்பாயம்திவால்நிலை குறியீடுதிவால்நிலை பலகை