In India, manufacturing and real estate account for three out five insolvency cases admitted. However, the two sectors have opposing results when it comes to resolution of these cases. Since 2016, when the Insolvency and Bankruptcy Code came into being, manufacturing has had a share of 39 per cent with 49 per cent share in resolved cases. Meanwhile, real estate sector has 21 per cent admit share with a mere 13 per cent resolution rate.