The bench took on record the final report comprising nine volumes submitted by the two court-appointed forensic auditors and directed them to finish their work by...
The IRP wil file a status report with regard to implementation of the approved resolution plan soon. Sumant Batra, counsel for Interim Resolution Professional (IRP) for Jaypee...
The NCLT Delhi bench on Tuesday approved the bid of state-owned NBCC to acquire debt-laden JIL through an insolvency process and complete around 20,000 pending flats...
The tribunal also modified the resolution plan and said Rs 750 crore deposited by Jaiprakash Associates would be part of the plan. The National Company Law Tribunal (NCLT)...
The builder has identified three projects that are net worth positive and has written to the court receiver for funding. The cost for completion of these...
The bids will be based on the price fixed by the court receiver. All private properties of Amrapali Group’s former chairman, Anil Sharma, and flats lying unsold in...
The top court directed court receiver senior advocate R Venkatramani, who has been appointed custodian of properties of Amrapali Group, to make an application to SBICAP...
The Centre told the top court that a due procedure has to be followed for securing funds from the stress fund announced by the central government....
As many as 13 banks and over 23,000 homebuyers have voting rights in the Committee of Creditors. Buyers have nearly 58 percent votes. For a bid...
Legal experts believe that the probability of a resolution is high only when homebuyers select both bidders as votes in favour of either of the bidders...
