A Homebuyer has to go with class of Homebuyers and decision taken by the class of Homebuyers is binding – Sandeep Kumar Jain Vs. Anil Tayal RP of AVJ Developers (India) Pvt. Ltd. – NCLAT New Delhi

Learned Counsel for the Appellant submits that even the authorised representation of the Homebuyer is not being provided for the relevant facts and information and hence Appellant had to file an Intervention Application. NCLAT held that Appellant as a Homebuyer has to go with class of Homebuyers and decision taken by the class of Homebuyers is binding. The authorised representative in the event of any difficulty, it is always open for him to approach the Resolution Professional and Adjudicating Authority, if so required.

A Homebuyer has to go with class of Homebuyers and decision taken by the class of Homebuyers is binding – Sandeep Kumar Jain Vs. Anil Tayal RP of AVJ Developers (India) Pvt. Ltd. – NCLAT New Delhi Read Post »