SC may use powers under Article 142 to examine claim after Suraksha & Lakshdeep — companies that took over JIL's assets & liabilities — said Rs 33,000 cr debt would delay flat delivery.
The bankruptcy code has broken new ground by lifting homebuyers left without apartments by debt-stressed builders to the status of financial creditors.
In 2022, athletes claimed they were asked to wind up training early at Thyagraj Stadium so that the IAS couple could walk their dog. Then came the memes and public outrage.
Instead of buying more Mirages outright in early 2000s, the requirement was tweaked in favour of a medium-weight, multi-role fighter with Mirage-like performance.
Pakistan not only has zero chance of catching up with India in most areas, but will inevitably see the gap rising. Its leaders will offer its people the same snake oil in different bottles.
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