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

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.

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.

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

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

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

Major Indian conglomerates Adani, Vedanta, Dalmia & Suraksha submit bids for debt-laden Jaypee's ₹57000 cr assets. CoC evaluates resolution plans for JAL's real estate & cement portfolio revival.RetryClaude can make mistakes. Please double-check responses.