The NCLAT has set aside the NCLT's insolvency order against Mahagun India Pvt Ltd, citing procedural lapses and directing a fresh project-specific hearing. The decision brings relief to thousands of homebuyers in non-defaulting projects.

Gstaad Hotels is set to raise up to ₹1,300 crore through the sale of its JW Marriott Bengaluru property amid insolvency proceedings, attracting over 40 bidders in what could be India's largest single-asset hotel monetisation.

Union Housing Minister Manohar Lal criticized NCLT's failure to revive stalled real estate projects, calling for urgent reforms in India's property sector resolution mechanisms.

Valor Estates has emerged as the frontrunner in Lavasa Corporation's acquisition with a ₹946 crore bid, while legal disputes threaten to delay India's first planned hill city's resolution process.

Welspun Group submits highest bid of Rs 850 crore for Lavasa Corporation as six developers compete in second acquisition attempt. Environmental clearance remains key hurdle for India's first private hill station project.

Lavasa City, India's ambitious ₹25,000 crore private hill station near Mumbai and Pune, transformed from a luxury European-style dream into a cautionary tale of environmental violations, financial collapse, and stalled development.

Learn how the National Company Law Tribunal handles corporate disputes, real estate cases, and insolvency in India. Includes online filing steps and recent updates.

The Mumbai NCLT invalidated Wadhwa Buildcon's promoter's resolution plan. The resolution professional (RP)'s suspicious conduct and the promoter's willful default status revealed the decision.

Lavasa, the luxurious and private planned city in the Western Ghats of India, has been sold to Darwin Platform Infrastructure with the clearance of the National Company Law Tribunal (NCLT).