Satinder Singh Bhasin v. Col. Gautam Mullick and Others, REEDLAW 2026 SC 01582

REEDLAW Legal News Network | Published on: 3 February 2026 | 🔗 Find Shareable Link

The REEDLAW Legal News Network reports:

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A joint Section 7 application filed by homebuyers/allottees against multiple corporate entities involved in a single real estate project is maintainable where the threshold under the second proviso to Section 7(1) of the Insolvency and Bankruptcy Code, 2016 is satisfied on the date of valid filing and default is established due to failure to deliver completed units with lawful possession.

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