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.

JM Financial Products secures 142,000 sq ft office space worth ₹150 crore in Mumbai's Mulund through bankruptcy resolution. Major NCLT settlement benefits 500+ homebuyers in stalled project revival.

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

MahaRERA has warned purchasers about 314 housing projects undergoing corporate bankruptcy resolution at the National Company Law Tribunal. A major 236 projects are in Mumbai, 52 in Pune, nine in Haveli, and five each in Ahmednagar and Solapur.

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.