In a potential relief to thousands of homebuyers, the bankruptcy regulator has proposed that resolution professionals (RPs) of an insolvent realty project can facilitate the registration of flats that are already occupied after the approval of the committee of creditors (CoC).In a discussion paper, the Insolvency and Bankruptcy Board of India (IBBI) has also suggested that flats under possession be excluded from the assets that will be liquidated if an insolvent project doesn’t see resolution…