The IBC - Homebuyers Quagmire: Deconstructing the SC Verdict - Taxsutra Reservoir

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The IBC - Homebuyers Quagmire: Deconstructing the SC Verdict

by Taxsutra
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Course Expiry: 1 year
Categories: Legal Battlefield, e-Learning
Publisher: Taxsutra
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Episode Duration:
85 minutes

Episode Background:
Last month, in what came as a setback for homebuyers, the Supreme Court of India upheld the validity of IBC amendments in Manish Kumar v. UoI that prescribed certain thresholds for initiation of insolvency proceedings by the homebuyers against the defaulting realtors, with a view to safeguard real estate sector from frivolous litigation. These changes, introduced by IBC (Amendment) Act, 2020inter alia, mandate eligibility criteria for the homebuyers, for moving a joint application before NCLT for initiation of CIRP against a defaulting real estate developer.

What shall the episode cover?
To decode the verdict given by the Apex Court and for analysing its impact on the aggrieved homebuyers, Taxsutra’s Corporate Law Portal - LawStreetIndia.com brings to you a special discussion by a stellar panel. In this distinct episode, a panel comprising Mr. Tarun Gulati, Senior Advocate and Ms. Manisha Chaudhary (Managing Partner, UKCA & Partners), has navigated the participants through the jurisprudential nuances and the implications the judgment may have, on the tenuous relationship of homebuyers and builders. The episode has been moderated by Ms. Eshna Kumar, Advocate.

Author: Taxsutra
About Publisher:

Taxsutra is considered the most credible source of tax news in the tax fraternity. What started as a fledgling start-up has now become a leading brand in the tax world not only in India, but across the globe. Taxsutra's diverse customer set includes Fortune 500 Companies, large Indian Business Groups, Global Conglomerates, Tax Judges, IRS Officers, CBDT, Tax Lawyers & thousands of tax practitioners.

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1. Real time tax news & analysis for Corporate Tax (www.taxsutra.com/dt
2. Transfer Pricing Portal (www.taxsutra.com/tp)
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4. "Taxsutra Database" - Powerful Online Direct Tax Reference and Search Tool (www.database.taxsutra.com)
5. LawStreetIndia (LSI) (www.lawstreetindia.com) contains sub-modules on Company law, Securities law (SEBI/SAT), FEMA, IP laws & Competition Law 
6.  Taxsutra Accounting Standards portal (Ind-AS) (www.greentick.taxsutra.com)

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Categories: Legal Battlefield, e-Learning
Publisher: Taxsutra
About Course:

Episode Duration:
85 minutes

Episode Background:
Last month, in what came as a setback for homebuyers, the Supreme Court of India upheld the validity of IBC amendments in Manish Kumar v. UoI that prescribed certain thresholds for initiation of insolvency proceedings by the homebuyers against the defaulting realtors, with a view to safeguard real estate sector from frivolous litigation. These changes, introduced by IBC (Amendment) Act, 2020inter alia, mandate eligibility criteria for the homebuyers, for moving a joint application before NCLT for initiation of CIRP against a defaulting real estate developer.

What shall the episode cover?
To decode the verdict given by the Apex Court and for analysing its impact on the aggrieved homebuyers, Taxsutra’s Corporate Law Portal - LawStreetIndia.com brings to you a special discussion by a stellar panel. In this distinct episode, a panel comprising Mr. Tarun Gulati, Senior Advocate and Ms. Manisha Chaudhary (Managing Partner, UKCA & Partners), has navigated the participants through the jurisprudential nuances and the implications the judgment may have, on the tenuous relationship of homebuyers and builders. The episode has been moderated by Ms. Eshna Kumar, Advocate.

Author: Taxsutra
About Publisher:

Taxsutra is considered the most credible source of tax news in the tax fraternity. What started as a fledgling start-up has now become a leading brand in the tax world not only in India, but across the globe. Taxsutra's diverse customer set includes Fortune 500 Companies, large Indian Business Groups, Global Conglomerates, Tax Judges, IRS Officers, CBDT, Tax Lawyers & thousands of tax practitioners.

Taxsutra suite of portals : 

1. Real time tax news & analysis for Corporate Tax (www.taxsutra.com/dt
2. Transfer Pricing Portal (www.taxsutra.com/tp)
3. GST and Central Indirect Taxes Portals (www.taxsutra.com/gst - www.idt.taxsutra.com)
4. "Taxsutra Database" - Powerful Online Direct Tax Reference and Search Tool (www.database.taxsutra.com)
5. LawStreetIndia (LSI) (www.lawstreetindia.com) contains sub-modules on Company law, Securities law (SEBI/SAT), FEMA, IP laws & Competition Law 
6.  Taxsutra Accounting Standards portal (Ind-AS) (www.greentick.taxsutra.com)

Similar Books

Ratings and Reviews

Overall Rating
Review
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