Supreme Court of India · 2021-06-29
Bikram Chatterji vs Union Of India
- Court
- Supreme Court of India
- Petitioner
- Bikram Chatterji
- Respondent
- Union Of India
- Author
- Uday Umesh Lalit
- Bench
- Ashok Bhushan, Uday Umesh Lalit
Judgment text excerpt
The Supreme Court addressed multiple applications concerning the LA-Residentia project, involving disputes between apartment buyers, the developing company, and its creditor. The court emphasized the need for a fair resolution that considers the rights of all parties involved, particularly the buyers who have invested in the project. The outcome aimed to ensure that the interests of the homebuyers are protected while also addressing the financial obligations of the company and its creditors.