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.

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

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.

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

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

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

Raheja Developers faces ongoing insolvency proceedings for its Raheja Shilas project in Gurugram as the NCLAT mandates full buyer settlements for closure.