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Friday, May 17, 2019

Homebuyers to get backing of government

The ministry of corporate affairs (MCA) has said, “…considering the recommendation of Insolvency Law Committee (ILC) and larger public interest.. an outcome-based approach, which would facilitate resolution of Jaypee Infratech Limited (JIL) over liquidation, may be adopted.” It added that homebuyers should be treated as a sub-class within the ambit of the financial creditor.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2LR7whR
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