• SENSEX
    NIFTY 50
Business

Revised bankruptcy code a relief for home buyers

Updated : May 24, 2018 06:26 AM IST

A 14-member Insolvency Law Committee had suggested that home buyers should be treated as financial creditors, which will allow them to equitably participate in an insolvency resolution process.
The proposed revision of IBC will also benefit housing financing companies’ asset quality.
Revised bankruptcy code a relief for home buyers

You May Also Like

Live TV
Advertisement