The real estate sector remains one of the most complex landscapes for insolvency resolution in India. With the IBC Amendment 2026 and recent landmark Supreme Court rulings (like the Elegna Co-operative case), the focus has shifted from mere "recovery" to "project completion" and "revival."
This webinar, featuring legal and insolvency experts, aims to bridge the gap between statutory requirements and the practical reality of stalled projects. We will explore how "Project-wise CIRP" is changing the game, the evolving rights of homebuyers, and the critical role of Resolution Professionals (RPs) in ensuring that the "right to shelter" is protected while balancing the interests of financial creditors.
Key Discussion Points
2026 IBC Amendments: Understanding the new "Process Discipline" rules that prioritize project revival over asset liquidation to maximize stakeholder value.
Mandatory Admission Rule: Analyzing the Supreme Court’s 2026 stance that insolvency must be admitted immediately once debt and default are proven, without discretionary delays.
Project-Wise CIRP: Implementing the strategy to isolate a single failing project for resolution without dragging the developer’s healthy projects into insolvency.
Reverse CIRP Mechanics: How promoters can now act as "External Lenders" to infuse capital and finish construction under the supervision of a Resolution Professional (RP).
Homebuyer "Possession Rights": Navigating the 2026 provision that allows RPs to hand over keys to allottees during the CIRP process with 66% CoC approval.
RWA Locus Standi: Discussing the Elegna Co-operative (2026) ruling which bars Resident Welfare Associations from intervening at the pre-admission stage.
Escrow & RERA Alignment: Synchronizing the IBC process with RERA’s 70% fund-reserve rules to prevent the diversion of project cash flows.
Committee of Creditors (CoC) Evolution: The transition toward project-specific CoCs to ensure that decisions are made by those with a direct stake in the building's completion.