Bombay HC upholds interim order directing financial institutions not to recover EMIs from homebuyers in DSK's Anandghan project

The Court dismissed an application to recall an interim order restraining the recovery of EMIs from homebuyers until a report is filed by the Resolution Professional appointed following the initiation of IBC proceedings.
Bombay HC upholds interim order directing financial institutions not to recover EMIs from homebuyers in DSK's Anandghan project
Bombay High Court

The Bombay High Court on Tuesday dismissed an application moved to recall a June 26 interim order restraining banks from recovering Equated Monthly Installments (EMIs) from homebuyers in the stalled Anandghan building project.

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