Gurgaon: The principal bench of National Company Law Tribunal (NCLT) has admitted an insolvency petition filed by 176 homebuyers of Raheja Developers’ Revanta project in Sector 78 after finding a prima facie case of default in handing over possession despite substantial payments made by allottees.The petition was filed under Section 7 of the Insolvency and Bankruptcy Code (IBC) by Surinder Aggarwal and 175 other allottees holding 99 units in the luxury residential project. The homebuyers stated they had collectively paid over Rs 137 crore towards their flats — many having paid up to…
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