Form CA
4 years ago
I own an under-construction apartment. It is registered on my name. When the builder field insolvency, we were asked to submit the Form CA by association. Some of us were not sure, so we did not submit the claim using Form CA. Now, the court has given time to settle the matter mutually. All the apartment owners are not in agreement with the builder's proposal. So, we are working with the IRP to get our apartments constructed. As we have declined the builder's proposal, mostly we will have to get assistance from the IRP for our apartments. My concern here is, I have not submitted the Form-CA. So, if the NCLAT decides to give the IRP authority to get the apartments constructed, will this judgment be applicable only to the people who submitted the form-ca? or all the flats will be considered for the construction? Please advise.
SAROJA PRUSTY
Responded 4 years ago