IBC in Real Estate - Poor Resolution Rates but Superior Value Maximisation - Report by property consultants ANAROCK and leading law firm, Khaitan & Co.
While real estate comprises just 5 per cent of all cases under Insolvency & Bankruptcy Code (IBC), its resolution rate is among the lowest.On the other hand, IBC has driven superior value realisation by financial creditors in real estate - .
On the other hand, IBC has driven superior value realisation by financial creditors in real estate - with this class of creditors realising 66 per cent of the admitted claims as compared to just 31 per cent of admitted claims realised in other sectors, said a joint report by real estate consultants Anarock and law firm Khaitan & Co.Shob
Resolution Professional's 'Success Fee' More of a 'Contingency', Not Part of IBC, Rules NCLAT moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.
"Success Fee" for Resolution Professional is not part of IBC: NCLAT barandbench.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barandbench.com Daily Mail and Mail on Sunday newspapers.