RERA decrees do not affect creditor classification. Claims of decree-holding homebuyers remain financial debts under IBC, entitled to parity in resolution plans.
CS Professional · Insolvency and Bankruptcy - Law and Practice · PYQS · June 2026
RERA decrees do not affect creditor classification. Claims of decree-holding homebuyers remain financial debts under IBC, entitled to parity in resolution plans.
Answer & Explanation:
Vishal Chelani & Ors. Vs. Debashis Nanda.
Topics: Insolvency and Bankruptcy Code, 2016
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