Man who cheated bank of Rs 3 crore gets life in jail and Jaypee promoters are masquerading in Lutyen’s Delhi @PMOIndia @indSupremeCourt #SAVEJPWISHTOWN https://t.co/pg0PpzVnba
#SaveJPWishtown
Current government have to look upon this issue because this is not an issue of single individual but thousands of individual homebuyers who patiently waited for their flats but got cheated at the end.
RBI aims at a harmonised & simplified generic mechanism 4 resolution of "CORPORATE ZOMBIES".
But the recent FC status to HBs/End-users may lead to "RETAIL ZOMBIES'. Blunder from Indian Policy Makers. IBC is not for #CheatedHomeBuyers#SaveJPWishTown
https://t.co/Pn1Kz1I6OB
Little has been done 2 fix its ‘original sins’. Moreover, by pushing the debt-cycle even further, central bankers & political leaders have created even more dangerous economic situation by their efforts 2 save & stimulate economy.
HB as FC is 1 such situation...
#SaveJPWishTown
#SAVEJPWISHTOWN why Sir @HardeepSPuri you and GoUP and is silent on this blatant violation of concessionaire agreement and SC judgement https://t.co/oT3mnizVjn
GoUP is bound to take back YEW and wishtown in case of default since project was for public cause. See above