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Gurugram Developer Vatika Faces Bankruptcy Proceedings After Failing to Repay ₹274 Crore in Dues
The NCLT Chandigarh bench has admitted Gurugram-based Vatika Real Estate Developers into insolvency proceedings after the company reportedly defaulted on ₹274 crore in dues owed to NCD holders, with IDBI Trusteeship Services filing the petition.
- Feb 09, 2026 18:34 PM IST
- 1650 Views
NCLT Admits Katra Realtors Into Insolvency After Ansal API Loan Default Triggers Corporate Guarantee
The NCLT has admitted Katra Realtors, an Ansal API affiliate, into insolvency proceedings after a ₹23 crore corporate guarantee was invoked following prolonged loan default.
- 30th Nov 2025
- 1289 Views
Valor Estates Leads Fierce ₹946 Crore Lavasa Acquisition Battle as All Bidders Raise Stakes
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.
- 23rd Aug 2025
- 2067 Views
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