1821 cases filed by homebuyers under Insolvency and bankruptcy code

Last updated: 19 November 2019

As per the information received from National Company Law Tribunal (NCLT), total 1,821 cases filed by homebuyers against builders since June, 2018, under the Insolvency and Bankruptcy Code (IBC) 2016, were pending in NCLT on 30.09.2019. Data regarding cases filed against builders for defaults of less than a month is not available with NCLT, this was stated by Shri Anurag Singh Thakur, Minister of State for Finance Corporate Affairs, in a written reply to a question in Lok sabha today. Elabor
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