SC upholds constitutional validity of home allottees as financial creditors

Last updated: 12 August 2019

Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi -110001 9th August, 2019 Subject: Judgement1 dated 9th August, 2019 of the Honble Supreme Court of India in the matter of Pioneer Urban Land and Infrastructure Limited and Anr. Vs. Union of India Ors. WP (C) No. 43/2019 and other petitions. While dismissing the various petitions filed by builders and upholding the constitutional validity of status of allottees as financial creditors, the Honble
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