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 act as a ‘slow poison,’ jeopardizing the interests of genuine homebuyers.
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
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
