27-May-2026
Insolvency
 
RERA may get early role in real estate insolvency cases after Supreme Court verdict
27-May-2026

In a major step to speed up the revival of stalled real estate projects, the Insolvency and Bankruptcy Board of India (IBBI) is considering a proposal to involve the Real Estate Regulatory Authority (RERA) early in the insolvency resolution processes for builders. According to officials familiar with the development, the regulator may modify the rules to allow RERA representatives to participate in the meetings of the Committee of Creditors (CoC) — although without any voting rights. An official said that bringing in RERA at an early stage of the resolution process can help identify approval hurdles, compliance issues and feasibility concerns upfront. Besides, the authority’s role in resolution could help ensure that the project moves forward without fresh regulatory roadblocks.

News Source:- https://www.financialexpress.com/business/news/rera-may-get-early-role-in-real-estate-insolvency-cases-after-supreme-court-verdict/4251638/?ref=editorpick_hp