Why the Supreme Court's IBC ruling is a win for homebuyers

The Supreme Court ruled that IBC moratoriums apply only to corporate debtors, not promoters or directors. Justice Vikram Nath and Justice Sandeep Mehta said proceedings against promoters can continue independently. Anuradha Bhansali said, "The judgment sends a clear message that homebuyers are not left remediless merely because a developer entity entered CIRP."