NCLAT quashes Embassy Development insolvency case over a ₹202 crore claim, citing Section 10A protections for defaults during the pandemic-era lockdown period.

Real estate insolvency resolution undergoes a critical pivot as the IBBI recommends a project-centric framework to ensure stalled housing projects finish.

IBBI suspension of Supertech insolvency professional highlights critical failures in regulatory oversight and property resolution timelines.

The National Company Law Tribunal has sanctioned Adani Enterprises' substantial INR 14,535 crore resolution plan for the beleaguered infrastructure entity, Jaiprakash Associates Ltd (JAL). This move consolidates significant assets spanning real estate, cement, and hospitality for the group.

The NCLAT has allowed the withdrawal of insolvency proceedings against real estate developer Mahagun Group after the parties reached a mutual settlement, signalling the growing role of negotiated resolutions under the IBC framework in India's real estate sector.

The Supreme Court has directed the Enforcement Directorate to release 12 V Hotels properties worth ₹4,000 crore to Lodha Developers (Macrotech), including the landmark Centaur Hotel in Juhu, Mumbai, marking a major victory in the corporate insolvency resolution process.