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The Tax PublishersIBC--Recent Amendments
Recent Amendments to IBC Regulations : Focus on Streamlining Resolution, Especially for Real Estate Projects
CS. Pragya Lalwani
Historically, the resolution of distressed real estate projects has been hindered by multiple layers of regulatory scrutiny, protracted timelines, and complex legal hurdles. The revised regulations introduce clearer timelines and robust mechanisms that not only expedite the overall process but also enhance transparency for creditors, developers, and homebuyers alike. The learned author in this article has highlighted the key amendments to 1 & B code 2016 with their implications.
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