Supreme Court Upholds NCLAT's Decision on CIRP Timeline Exclusion — Emphasizes Home Buyers' Interests. The court affirmed the NCLAT's authority to exclude time from the CIRP period under extraordinary circumstances, ensuring the interests of home buyers are protected....
The dispute arose from the Corporate Insolvency Resolution Process (CIRP) concerning Jaypee Infratech Ltd. (JIL), initiated by IDBI Bank under Section 7 of the Insolvency and Bankruptcy Code, 2016 (I&...




