Lavasa homebuyers challenge the ongoing resolution plan at the NCLT, citing lack of transparency and requesting a full refund of their initial investments.

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

The NCLAT has allowed the withdrawal of insolvency proceedings against real estate developer Mahagun Group after the parties reached a mutual settlement, signalling the growing role of negotiated resolutions under the IBC framework in India's real estate sector.

The NCLT Mumbai has given Brookfield Asset Management 30 days to renew its performance guarantee for the ₹1,080 crore IL&FS headquarters in BKC or face disqualification, as valuation disputes push the case to NCLAT.

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.

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