LawRato

Insolvency CHD Developers case Gurgaon


18-Sep-2023 (In Bankruptcy / Insolvency Law)
I have a house with CHD developers in Avenue 71 and my case in NCDRC has judgement reserved . The apartment is ready for possession but we have not taken possession yet as we are waiting for NCDRC Judgement. What will happen if the builder goes into insolvency meanwhile as some buyers from other project 106 Golf avenue have taking buyer to NCLT
Answers (2)

Answer #1
685 votes
The legal opinion you want would be based on your pleading and prayer before the Hon’ble NCDRC. Based on the stage of pendency of NCLT proceedings and the case set up by you before the NCDRC we would be able to provide you with a legal opinion to suggest any further course of action.
Helpful? LawRato35+ LawRato
Advocate Tejasv Anand

Adv. Tejasv Anand

LawRato Delhi | 100+ Answers
Chat with Advocate Tejasv Anand Chat 
Answer #2
546 votes
In such a scenario, you will need to file an application before NCLT, stating that order of NCDRC has come and that you can get the possession of the flat. However, for this you will need to wait up till the ncdrc order comes.....you can get in touch with me for handling the matter.
Helpful? LawRato37+ LawRato
Advocate Sumit Kansal

Adv. Sumit Kansal

LawRatoDelhi | 25+ Answers
Chat with Advocate Sumit Kansal Chat 

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Connect with top Bankruptcy / Insolvency lawyers for your specific legal issue
Connect with a Lawyer
Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."

All Answers

Googling your legal issue online?

The internet is not a lawyer and neither are you.
Talk to a real lawyer about your legal issue.

LawRato