<h1>Real estate company's resolution plans approved for two housing projects worth Rs 2,000 crore under IBC</h1> The National Company Law Tribunal approved a real estate company's resolution plans for two assets of a housing development firm undergoing insolvency proceedings since August 2019. The tribunal sanctioned the plans under the Insolvency and Bankruptcy Code for projects in Mumbai's business district and Thane district, valued over Rs 2,000 crore. The committee of creditors approved both plans with 66.08% voting share. Initially seeking company-wide resolution, the process shifted to project-wise resolution after home buyer objections and appellate tribunal direction. The resolution amounts total Rs 67 crore for both projects, while the debtor company faces liabilities of approximately Rs 7,800 crore.