https://www.taxtmi.com/news?id=24309 Of 212 CIRP applications admitted in the real estate sector under the Insolvency and Bankruptcy Code, a minority were resolved, a larger number were settled or withdrawn, 23 were ordered for liquidation and the remainder continue in process; the corporate insolvency resolution process is driven by market forces. The Code was enacted in May 2016, the Insolvency and Bankruptcy Board of India established thereafter to regulate the regime, and CIRP provisions were notified from December 2016. en-us Tue, 03 Aug 2021 09:00:21 +0530 Tue, 03 Aug 2021 09:00:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24309 Of 212 CIRP applications admitted in the real estate sector under the Insolvency and Bankruptcy Code, a minority were resolved, a larger number were settled or withdrawn, 23 were ordered for liquidation and the remainder continue in process; the corporate insolvency resolution process is driven by market forces. The Code was enacted in May 2016, the Insolvency and Bankruptcy Board of India established thereafter to regulate the regime, and CIRP provisions were notified from December 2016. News - Tue, 03 Aug 2021 09:00:21 +0530 https://www.taxtmi.com/news?id=24309