You Searched for: nclt insolvency resolution
JM Financial Products Acquires ₹150 Crore Mumbai Office Space in Mulund Through NCLT Resolution

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.

By Admin

  • 10th Jun 2025
  • 1140 Views
MahaRERA Issues Warning - Over 300 Real Estate Projects Facing Insolvency

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.

By Admin

  • 14th Oct 2024
  • 1346 Views
NCLT Rules Against Wadhwa Buildcon Plan for Flaws and Wilful Default - Key Irregularities Lead to Plan Rejection

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.

By Admin

  • 27th Mar 2024
  • 1445 Views
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