Allotted Houses to Stay Out of Liquidation: IBBI

21 Feb 2024 CW Team

In a significant announcement, the Insolvency and Bankruptcy Board of India (IBBI) has clarified that houses allotted to individuals will be excluded from the liquidation process. This declaration serves as a crucial safeguard for homeowners, ensuring that their allotted houses remain protected in situations involving insolvency.

The decision by IBBI aims to provide relief to individuals who have been allotted houses but may face financial distress or insolvency issues. By exempting these residential properties from the liquidation process, the regulatory body acknowledges the unique nature of homes and seeks to shield individuals from potential displacement during insolvency proceedings.

The assurance that allotted houses will stay out of liquidation reinforces the importance of protecting the rights and interests of homeowners. It aligns with the broader goal of balancing the resolution of financial matters with considerations for the well-being and stability of individuals and families who have been allotted homes.

This regulatory measure is expected to have a positive impact on the confidence of homebuyers, assuring them that their allocated residences are safeguarded from liquidation risks arising from financial challenges. The announcement by IBBI underscores a compassionate and balanced approach to insolvency proceedings, recognizing the significance of homes as essential assets for individuals and families.

Stakeholders, including homebuyers, insolvency professionals, and the real estate industry, will closely observe the implementation and implications of this directive. The move reflects a commitment to creating a more humane and equitable framework within the insolvency and bankruptcy landscape, particularly concerning residential properties allotted to individuals.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Caterpillar Debuts Three New Cat Excavators at EXCON 2025

Caterpillar Inc., a global leader in construction and mining machinery, strengthened its commitment to India’s infrastructure growth with the debut of three new Cat® hydraulic excavators at EXCON 2025, held from December 9–13 at the Bangalore International Exhibition Centre. The new models—Cat 321, Cat 322 and Cat 324—mark a significant step forward in delivering efficient, digital-ready equipment tailored for India’s evolving construction needs.Designed to support sustainability and productivity on modern jobsites, the machines feature advanced powertrains and intelligent electrohy..