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Proposed IBC amendments positive but miss real estate sector reforms: ICRA
The Business Guardian
|December 30, 2025
The proposed amendments to the Insolvency and Bankruptcy Code (IBC) are encouraging.
They could help improve recovery rates and reduce resolution timelines.Still, credit rating agency ICRA noted that the changes do not address longstanding structural issues in the real estate sector, which continues to account for the second-highest share of cases under the corporate insolvency resolution process (CIRP).
"Real estate sector-specific reforms have not been addressed in the current proposals despite the fact that the real estate and construction sector has the second highest share in cases ongoing in CIRP," the agency said.
In a press release, ICRA said that while the recommendations from the Lok Sabha Select Committee (SCLB) and the Ministry of Corporate Affairs (MCA) are expected to strengthen the IBC framework, the benefits are likely to be limited mainly to non-real estate cases.
This story is from the December 30, 2025 edition of The Business Guardian.
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