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Can a ₹1 Crore Dispute Derail a ₹210 Crore Housing Project?

Imagine a housing project moving forward with ₹210 crore from the government-backed SWAMIH Fund. Suddenly, one investor asks the NCLT to place the developer under insolvency over a disputed ₹1 crore transaction—and claims more than ₹16 crore. Should the entire project, its homebuyers and public-backed investment be put at risk? The NCLT Allahabad Bench said no not in this case . It found that the money was given as a business investment, not as a financial loan. Therefore, the investor could not use the Insolvency and Bankruptcy Code, 2016 (IBC) to recover it. What Happened? Nivedan Fin Invest Lease Limited gave ₹1 crore to real estate developer Cosmos Infraestate Private Limited in June 2018. Nivedan later claimed that the amount was a loan and that the developer had failed to repay it. Its total claim increased to approximately ₹16.82 crore, including: ₹1 crore as the original amount; Interest calculated at 3% per month; and A late-payment penalty e...
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Can a RERA Officer Order Your Refund? The Bombay High Court Has an Answer

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Safeguards for Homebuyers provided by Supreme Court in Mansi Brar Fernandes v. Shubha Sharma & Anr case

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Union Budget 2026–27 and Real Estate Law

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From WBHIRA to WBRERA: Everything West Bengal Homebuyers Need to Know in 2026

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Your Society Is Going for Redevelopment? Read This Before You Count on RERA

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Probate of Will Not Required Now!

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Indian Real Estate Blawg Is Back. A Renewed Focus on Real Estate Law, Policy, and Property.

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Legal Rights and Obligations of Homebuyers in India: Your Essential Guide to Real Estate Laws

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