Supreme Court rejects BCCI and Riju Raveendran’s challenge to NCLAT ruling on Byju’s insolvency case. KK Venugopal slams the dismissal mid-argument as “arbitrary.”
The Supreme Court slammed Noida authorities for ignoring homebuyers’ plight and focusing on recovering dues from developers. The court demanded that authorities prioritize homebuyers’ interests over financial recovery, setting a precedent for protecting homebuyers facing delays. YEIDA was directed to provide records of schemes safeguarding homebuyers, emphasizing their duty to act in homebuyers’ interest.
