Published 13:17 IST, February 27th 2024
Homebuyers' properties safe from builder insolvency fallout: Insolvency and Bankruptcy Board
The amendment ensures that properties allocated to homebuyers remain excluded from the liquidation process despite builder insolvency.
![IBBI amendment blocks liquidation threat for allotted properties](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/agents-are-giving-house-keys-customer-holding-dollar-us-bank-agency-office-agreement-real-estate-concept3535-689-170840836206716_9.webp)
IBBI amendment blocks liquidation threat for allotted properties | Image:
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11:22 IST, February 20th 2024