Homebuyers cannot ask for refunds under RERA against IBC plan: NCLT
- Posted on September 15, 2026
- By Financial Express
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Homebuyers cannot ask for refunds under RERA against IBC plan: NCLT
The NCLT Mumbai bench ruled that individual homebuyers cannot claim RERA refunds if conflicting with a majority-backed IBC resolution plan, reaffirming that the Insolvency and Bankruptcy Code overrides RERA under Section 238.
