17 Oct 2025 | 5 Mins Read
Real Estate Insolvency May Get Legal Support in IBC Reforms
Flipitmoney
The central government is considering including project-wise insolvency provisions in the revised Insolvency and Bankruptcy Code (IBC). This follows a Supreme Court direction to frame specific guidelines for real estate insolvency cases. Currently, declaring a real estate project insolvent drags the entire company into the process, but courts have allowed project-wise insolvency in some cases.