Discussions held  around the theme “Resolving Insolvencies in Real Estate Projects”

Development of real estate insolvency and the role of IBC in successful resolution of distressed assets in real estate sector highlighted

The Post Graduate Insolvency Programme (PGIP), Indian Institute of Corporate Affairs successfully organized a conclave today at Manesar bringing together insolvency professionals, legal experts, experts from ARCs from across the country. The inaugural ceremony was graced by distinguished industry professionals including Mr. Anuj Jain, Mr. Pallav Mohapatra, Mr. Hari Hara Mishra and Dr. K.L. Dhingra, Head of the Centre of Insolvency and Bankruptcy at IICA. Dr. Dhingra highlighted the objective behind the existence of PGIP by IBBI the regulator.

The conclave featured keynote addresses from prominent figures, including Mr. Anuj Jain and Mr. Pallav Mohapatra, discussions were centered around the theme “Resolving Insolvencies in Real Estate Projects” The keynote address mainly focused on the development of real estate insolvency and the role of IBC in shaping the successful resolution of distressed assets in the real estate sector. Mr. Mohapatra also highlighted the challenges faced by the Insolvency Professionals and the relevant skills required for sector-specific insolvency resolution.

The panelists included various professionals from Insolvency Professional Entities, Law Firms, ARC and Academicians where leading domain experts expressed their views.

The PGIP Conclave 2025 served as a vital platform for professionals to exchange knowledge and stay abreast of developments in the insolvency domain.

 

Resolving insolvencies in real estate projects emphasizes IBC mechanisms and sector-specific skills for effective distressed asset resolution. Restructuring of real estate projects focused on mechanisms to address distressed property assets and the role of the Insolvency and Bankruptcy Code in enabling structured resolution paths, highlighting valuation complexity, project completion issues, creditor coordination, and the need for sector-specific skills among insolvency professionals.