Liquidation should be the last resort after proper evaluation & calibration

Lotus City Plot Buyers Welfare Association Vs Three C Homes Pvt. Ltd & Ors. (NCLAT Delhi)

Conclusion: In present facts of the case, the Hon’ble Appellate Tribunal held that Liquidation is the last resort and this programme of homebuyers needs some calibration and proper evaluation.

Held: In present facts of the case, the appeal have been filed u/s 61 of the ‘Please become a Premium member. If you are already a Premium member, login here to access the full content.