It's good news for homebuyers as the Union Cabinet on Wednesday reportedly approved amendments to the Insolvency and Bankruptcy Code (IBC), presumably allowing homebuyers to be treated as financial creditors, putting them at par with banks and institutional creditors in priority for recovering of dues from bankrupt or insolvent realty firms. The proposed amendments, as … Continue reading Homebuyers to be treated at par with banks, financial creditors as Cabinet approves changes to IBC →