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The Economic Times

Economy / The Economic Times

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NCLAT upholds project-specific insolvency action for realty firms

Homebuyers' insolvency cases against real estate firms will now be limited to the specific project facing default. The National Company Law Appellate Tribunal has ruled that extending these proceedings to other projects of the company is not beneficial for homebuyers or other stakeholders. This decision ensures that unrelated projects are protected.

13 Apr 2026 12:32 am