Want to create an interactive transcript for this episode?
Podcast: Moneylife News Bites
Episode: Aquacity Homebuyers and MP-RERA Get Landmark Order against Aakriti Group and DB Corp
Description: On 9 December 2023, the national company law appellate tribunal (NCLAT) delivered a landmark order in favour of Aquacity Consumer and Social Welfare Society (ACSWS), which represents a group of home buyers, and the Madhya Pradesh Real Estate Regualtory Authority (MP-RERA). The homebuyers will hopefully get a refund of their investment with interest from the Aakriti group, even if they have had to give up on the homes they had invested in. Listen to this week's episode as Sucheta Dalal takes a closer look. Hosted on Acast. See acast.com/privacy for more information.