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Supreme Housing Dues: Final ₹460 Crore Settlement Deadline

Supreme Housing faces a June deadline to settle ₹460 crore with Canara Bank as the NCLAT provides a final opportunity to avoid a formal insolvency process.

By Rajesh Aher

  • Jun 02, 2026 23:02 PM IST
  • 1164 Views
Supreme Housing Settlement: Promoters Eye ₹460 Crore Repayment Deadline

Supreme Housing and Hospitality must deposit ₹460 crore by June 13 to avoid insolvency. This critical ruling reveals a final opportunity for debt settlement.

By Rajesh Aher

  • Jun 01, 2026 12:38 PM IST
  • 1165 Views
Sanghi Industries Dispute Ends: ₹84 Crore Guarantee Litigation Resolved

Alok Sanghi settles his ₹84 crore personal guarantee dispute with Ambuja Cements at the NCLAT, effectively concluding the ongoing legal conflict in June 2026.

By Robin Gangawane

  • Jun 01, 2026 12:35 PM IST
  • 1169 Views
Ambuja Cements Targets Jaypee Cement Asset With ₹580 Crore Bid

Ambuja Cements explores the acquisition of Jaypee Cement with a ₹580 crore bid as lenders evaluate the offer against the company's total liquidation value.

By Sachin Waghmare

  • May 20, 2026 00:02 AM IST
  • 1170 Views
Adani Group Secures ₹14,535 Crore Bid for Jaiprakash Associates

Adani Group secures the ₹14,535 crore bid for Jaiprakash Associates after the NCLAT rejected Vedanta’s challenge, clearing the path for acquisition in 2026.

By Rajesh Aher

  • May 07, 2026 00:07 AM IST
  • 1207 Views
NCLAT Quashes Embassy Development Insolvency Over ₹202 Crore Claim

NCLAT quashes Embassy Development insolvency case over a ₹202 crore claim, citing Section 10A protections for defaults during the pandemic-era lockdown period.

By Rajesh Aher

  • May 05, 2026 15:34 PM IST
  • 1193 Views
Rajesh Hotels Revival Plan Approved: ₹730 Crore Debt Resolution

The NCLT has approved a ₹730 crore revival plan for Rajesh Business & Leisure Hotels, marking a critical debt resolution for the Mumbai-based hospitality firm.

By Anjana Sastri

  • May 05, 2026 15:32 PM IST
  • 1179 Views
Jaypee Associates insolvency process faces legal scrutiny

Jaypee Associates insolvency process remains under NCLAT review as legal experts analyze resolution bidding procedures and creditor committee decisions.

By Archana Panchal

  • Apr 18, 2026 11:01 AM IST
  • 1193 Views
Insolvency proceedings against realty firms restricted to individual projects

Insolvency proceedings against realty firms must be restricted to specific projects according to a new NCLAT ruling, protecting unrelated residential assets.

By Suhas Kataria

  • Apr 14, 2026 15:31 PM IST
  • 1198 Views
NCLAT Reaffirms Project-Specific Insolvency Rules for Realty Firms

The NCLAT reaffirms project-specific insolvency rules, ensuring financial disputes are limited to individual developments rather than entire corporate firms.

By Tejas Parkar

  • Apr 13, 2026 10:03 AM IST
  • 1205 Views
Earth Infrastructures Ltd Faces Money Laundering Probe

Earth Infrastructures Ltd faces a money laundering probe following a massive fraud. Officials seize assets linked to stalled Delhi-NCR residential projects.

By Sandeep Thakur

  • Apr 11, 2026 15:09 PM IST
  • 1197 Views
Real estate insolvency resolution shifts to project-wise framework

Real estate insolvency resolution undergoes a critical pivot as the IBBI recommends a project-centric framework to ensure stalled housing projects finish.

By Prasad Pednekar

  • Apr 09, 2026 20:04 PM IST
  • 1210 Views
IBBI Suspension Drives Scrutiny of Insolvency Professional Oversight

IBBI suspension of Supertech insolvency professional highlights critical failures in regulatory oversight and property resolution timelines.

By Sachin Waghmare

  • Mar 31, 2026 22:08 PM IST
  • 1201 Views
NCLAT Permits Withdrawal of Insolvency Case Against Mahagun Group After Parties Reach Settlement

The NCLAT has allowed the withdrawal of insolvency proceedings against real estate developer Mahagun Group after the parties reached a mutual settlement, signalling the growing role of negotiated resolutions under the IBC framework in India's real estate sector.

By Priya Kataria

  • Feb 24, 2026 15:12 PM IST
  • 1184 Views
Gurugram Developer Vatika Faces Bankruptcy Proceedings After Failing to Repay ₹274 Crore in Dues

The NCLT Chandigarh bench has admitted Gurugram-based Vatika Real Estate Developers into insolvency proceedings after the company reportedly defaulted on ₹274 crore in dues owed to NCD holders, with IDBI Trusteeship Services filing the petition.

By Priya Kataria

  • Feb 09, 2026 18:34 PM IST
  • 1653 Views
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