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Numerous writ petitions submitted to this Court contest the constitutional legitimacy of amendments to the Insolvency and Bankruptcy Code, 2016, following the Insolvency Law Committee's report dated March 26, 2018,
...which classifies allottees of real estate projects as "financial creditors" entitled to invoke the Code under Section 7 against developers and to be represented in the Committee of Creditors by authorized representatives.
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