hyderabadupdates.com Real Estate Committee of creditors can invite land authorities in realty insolvency cases: FM

Committee of creditors can invite land authorities in realty insolvency cases: FM

Finance Minister Nirmala Sitharaman announced that land authorities can now join Committee of Creditors meetings to expedite bankruptcy resolutions for real estate projects. The Insolvency and Bankruptcy Code (Amendment) Bill, 2025, passed by Rajya Sabha, aims to speed up case admission and resolution plan approval, benefiting thousands of homebuyers.

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