Insolvency and Bankruptcy Board of India
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22-04-2019 09:07:44
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Insolvency and Bankruptcy Board of India Has objective been achieved ?? #CheatedHomeBuyers of #Jaypee #JIL still waiting for #Homes ! IBC came in 2016, JIL was dragged into NCLT by lender bank IDBI in 2017, hv already washed their hands off this, #IDRCL the new Fin Credtor now. #NCLAT verdict awaited. #SaveJILHBs
Insolvency and Bankruptcy Board of India It’s time to review & reassess effectiveness of #IBC2016 . 7 years into litigation in #JIL #CIRP . What was envisaged to be 180 days is a far cry. Is it still valid for B2C ? since unsuspecting #HBs of #Jaypee #Wishtown r #victims & hv no recourse but to stay patient. #SaveJILHBs