Bengal tribunal stops Yes Bank from seizing buyers' flats over developer default
- Posted on January 29, 2025
- By Business News Today
- 3 Views
Bengal tribunal stops Yes Bank from seizing buyers' flats over developer default
The West Bengal Real Estate Appellate Tribunal has upheld a ruling that prevents Yes Bank from taking possession of nine flats in New Alipore due to a loan default by the developer. The decision prioritizes home-buyers' rights over the SARFAESI Act, reinforcing legal protection for buyers.
