Lenders who fund developers for real estate projects, have expressed concern that their role is not covered or lacks clarity under the Real Estate (Regulation and Development) Act (RERA). Consequently, bankers indicated that they R
Kalpana Morparia, Head, South and South Asia of JPMorgan spoke to CNBC-TV18's Latha Venkatesh on a number of issues pertaining to banking and distressed assets.
About 15-20 National Company Law Tribunals will be set up to hear insolvency cases. The first case can come within a year itself, says MR Umarji, Member, Bankruptcy Law Committee.