The Insolvency and Bankruptcy Board of India (IBBI) has amended insolvency rules for stressed real estate developers to facilitate home delivery, strengthen homebuyers’ participation, and enable project-wise treatment while reducing information asymmetry.
IBBI notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Fifth Amendment) Regulations, 2026, on October 30. The amendments seek to promote viable resolution of real estate projects, enhance transparency and accountability, and protect the interests of homebuyers and other stakeholders in the corporate insolvency resolution process (CIRP), the board said in an October 31 press release.
The amendments follow a June discussion…