SC warns against misuse of insolvency code by speculative investors, calls them ‘slow poison’ for the real estate sector

The Supreme Court has said the state has a duty to prevent developer fraud, safeguard homebuyers, make timely project completion a cornerstone of urban policy

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    Speculative realty investors are like slow poison, they jeopardise genuine buyers: SC

    The Supreme Court has cautioned against the misuse of insolvency proceedings in the real estate sector by speculative investors, who prioritize profit over genuine homeownership. The court noted these investors…

    SC warns against misuse of insolvency code by speculative investors, calls them ‘slow poison’ for the real estate sector

    The Supreme Court has said the state has a duty to prevent developer fraud, safeguard homebuyers, make timely project completion a cornerstone of urban policy

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