Alok Sanghi settles his ₹84 crore personal guarantee dispute with Ambuja Cements at the NCLAT, effectively concluding the ongoing legal conflict in June 2026.

NCLAT quashes Embassy Development insolvency case over a ₹202 crore claim, citing Section 10A protections for defaults during the pandemic-era lockdown period.

Jaypee Associates insolvency process remains under NCLAT review as legal experts analyze resolution bidding procedures and creditor committee decisions.

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

The Insolvency Code amendment empowers land authorities to join creditor meetings, potentially accelerating bankruptcy resolution for distressed projects.

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.

The Insolvency and Bankruptcy Board of India (IBBI) suggests granting ownership to debt-free purchasers who already own their property during the insolvent real estate firm's bankruptcy settlement. However, the committee of creditors must approve this plan.