By upholding appellants’ status as being part of a class of creditors, Supreme Court has managed to preserve the sanctity of 2018 amendment.

SEBI should either frame a specific framework or clarify the application of CIS Regulation for FOPs engaged in real-world assets.

The article discusses whether regulatory frameworks should be strengthened for governance of NFTs in the Indian financial market.

The article aims to cover nature and scope of NFT and crypto usage in the real estate industry through judicial rulings and market trends.