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Insolvency rules tweaked, help is at hand for home buyers

Insolvency rules tweaked, help is at hand for home buyers
With the amendment, firms like EY and Deloitte can work as resolution professionals instead of only their partners enrolling as insolvency professionals. The ministry of corporate affairs (MCA) is gearing up for some crucial amendments to the Insolvency and Bankruptcy Code (IBC) to provide more rights to individual consumers, including worried homebuyers. Other consumers who might also benefit are telecom subscribers, said sources.   A senior official from the MCA said there was a bit of ...
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