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of <h1>Resolution Professionals Must Transfer Real Estate After 66% Vote Approval Under Regulation 4E, IBBI 2016.</h1> Regulation 4E of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, mandates that a resolution professional must hand over possession of a plot, apartment, building, or any agreed instruments in a real estate project after receiving approval from the committee with at least sixty-six percent of the total votes. This transfer is contingent upon the allottee's request and fulfillment of their contractual obligations. This regulation was inserted under F. No. IBBI/2024-25/GN/REG122 on February 3, 2025.
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