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Supreme Court Directs ED to Release ₹4,000 Crore V Hotels Properties to Lodha Developers, Including Iconic Juhu Centaur Hotel
The Supreme Court has directed the Enforcement Directorate to release 12 V Hotels properties worth ₹4,000 crore to Lodha Developers (Macrotech), including the landmark Centaur Hotel in Juhu, Mumbai, marking a major victory in the corporate insolvency resolution process.
- 30th Nov 2025
- 1139 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
- 1683 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.
- 27th Mar 2024
- 1513 Views
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