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Govt likely to amend insolvency code to enable project-wise resolution in real estate sector: Officials

The proposed changes IBC will allow more targeted and efficient resolution of financially distressed real-estate companies. By allowing proceedings only against specific projects that have defaulted, the potential disruption to the company#39;s operations could be minimised.

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​ The proposed changes IBC will allow more targeted and efficient resolution of financially distressed real-estate companies. By allowing proceedings only against specific projects that have defaulted, the potential disruption to the company#39;s operations could be minimised. The proposed changes IBC will allow more targeted and efficient resolution of financially distressed real-estate companies. By allowing proceedings only against specific projects that have defaulted, the potential disruption to the company#39;s operations could be minimised.  Moneycontrol Latest News Read More  

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