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Mumbai: NCLT Directs RP To Verify Omkar Homebuyers' Claims Within 15 Days, Declines Forensic Audit Plea (opens original article in a new tab)

TL;DR

The NCLT ordered the Resolution Professional to verify pending homebuyer claims in the Omkar insolvency case within 15 days, rejecting a request for a forensic audit of financial transactions since 2012-13. Homebuyers raised concerns about an alleged Rs 868 crore to Rs 5,400 crore increase in the ARC's claim without transparency.

  • NCLT directed RP to verify homebuyer claims in Omkar case within 15 days
  • Homebuyers association sought forensic audit of financial transactions since 2012-13
  • NCLT rejected forensic audit request but ordered claim verification
  • ARC claim increase from Rs 868 crore to Rs 5,400 crore raised concerns

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