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Supreme Court upholds homebuyers’ rights as financial creditors under IBC

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Headline : Supreme Court upholds homebuyers’ rights as financial creditors under IBC

Details :

Why in News:

Background:

The IBC amendment in relation to homebuyers:

Need of Amendments in the Act:

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Amendment challenged in the SC:

 

Summary of SC judgment:

 

Points made by SC while upholding the amendment:

 

Possible impact of the judgment:

Section : Economics
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