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AJNARA INSOLVENCY
Buyers in possession should get ownership of flat: IBBIThe Insolvency and Bankruptcy Board of India (IBBI) has proposed new rules that could expedite the resolution process for bankrupt real est...07 Nov, 2024, 11.39 PM IST- IBBI proposes to expedite flat ownership transfers in insolvent projectsThe Insolvency and Bankruptcy Board of India (IBBI) has put forth a proposal that could expedite the resolution process for stressed real e...07 Nov, 2024, 10.47 PM IST
- IBBI tweaks norms to speed up insolvency resolution in housingThe IBBI has introduced amendments to the Insolvency Resolution Process for Corporate Persons, effective from September 24. These changes i...27 Sep, 2024, 12.02 AM IST
- Centre may junk special IBC framework plan for real estateAfter extensive deliberations, the government now reckons that such sector-specific mechanisms within the IBC could dilute the very essence...26 Feb, 2024, 12.37 PM IST
- Banks, other financial services providers must seek prior regulatory nod for voluntary liquidation, says IBBIThe directive comes after some financial services providers are observed to have “commenced the voluntary liquidation process without notif...14 Feb, 2024, 12.01 PM IST
- Realtors unlikely to get greater shelter under insolvencyThe rethink was warranted by fears that unscrupulous promoters may use any such relief to dump certain housing projects midway after grabbi...01 Dec, 2023, 12.46 PM IST
- With India's new rules, home buyers will get much-needed relief and assuranceAmid rising real estate prices, concerns loom for home buyers fearing builder bankruptcy and legal woes, reminiscent of cases like Jaypee, ...28 Nov, 2023, 02.39 PM IST
- IBBI proposes smooth registration of occupied flats in insolvent realty projectsThe proposals assume importance, as they seek to not just expedite resolution of insolvent realty projects but also provide relief to homeb...08 Nov, 2023, 12.14 AM IST
- Insolvency resolution high for manufacturing sector, lags for real estateManufacturing and real estate sectors in India have seen varying outcomes in insolvency cases. Manufacturing accounted for 38% of admitted ...31 Oct, 2023, 01.36 PM IST
- Manufacturing tops the bankruptcy resolution charts, real estate crawlsIn India, manufacturing and real estate account for three out five insolvency cases admitted. However, the two sectors have opposing result...30 Oct, 2023, 11.33 AM IST
- Over 98,000 unsold homes in Delhi-NCR at 2022-end; may take 61 months to clear stocks: PropTigerThe Delhi-NCR market has been facing this issue of unsold inventories for many years as sales velocity has remained subdued. The NCR market...31 Dec, 2022, 05.55 PM IST
- NCLT admits insolvency petition against real estate developer AjnaraAccording to the NCLT order, allottees were seeking to initiate CIRP against the developer for the default committed against the financial ...20 Sep, 2022, 09.49 PM IST
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