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The Times of India

National

Abhinav Garg | TNN

Restore creditworthiness of buyers in stalled projects: Delhi HC

HC New Delhi CIBIL

NEW DELHI: Delhi high court has directed the banks to convey to CIBIL to restore the creditworthiness of homebuyers who stopped paying EMIs for incomplete projects.

“In the light of the interim order, the respective banks/financial institutions are directed to provide appropriate information regarding the petitioners to Credit Information Bureau (India) Limited (CIBIL) so that the ratings of the petitioners are suitably amended,” justice Rekha Palli observed while hearing a bunch of petitions filed by homebuyers.

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