On 19 January 2021 a three-judge bench of the Supreme Court — Justices Rohinton Nariman, Navin Sinha and K.M. Joseph — upheld the constitutional validity of the IBC (Amendment) Act 2020 which inserted the second proviso to Section 7(1) requiring real-estate allottees to file jointly with a minimum of 100 allottees of the same project or 10 per cent of the total allottees (whichever is less). The bench held the threshold a reasonable Article 14 classification, treated the Article 19(1)(g) and Article 21 challenges as not made out (Article 21 expressly because alternative RERA and Consumer Protection Act remedies remained available), preserved the homebuyer-as-financial-creditor status validated in Pioneer Urban (2019), and exercised Article 142 to grant a 30-day window to pending applicants to align their pleadings with the new threshold. A close reading of Justice Nariman's judgment and what the threshold means for the present practitioner advising on a real-estate Section 7 application.