<h1>Insolvency process reform urged to prevent stalled real estate projects remaining incomplete and protect consumers and creditors.</h1> NCLT has not delivered expected revival of stalled real estate projects, prompting calls for reform of insolvency processes to protect consumers and bank creditors. The minister urged measures to curb cash dealings, align circle rates with market values, prevent diversion of escrowed funds under the real estate regulatory regime, and strengthen oversight. Administrative reforms including single window clearances, faster approvals and replication of state best practices are recommended to prevent project distress and aid completion.