NCLT process favors builders over homebuyers, raising fairness concerns

NCLT process favors builders over homebuyers, raising fairness concerns. Recent cases show promoters of bankrupt realty firms re-emerging via new entities. Homebuyers face prolonged delays while corporate entities get restructuring benefits under IBC. Experts demand reforms to balance stakeholder interests.

📊 STOCKS: | 🏢 SECTOR: Legal | #MEDIUMIMPACT #NCLT