The NCLT has approved a ₹730 crore revival plan for Rajesh Business & Leisure Hotels, marking a critical debt resolution for the Mumbai-based hospitality firm.

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

The NCLT's sanction of the Adani Group's resolution plan for JAL transfers nearly 4,000 acres of prime land in the National Capital Region. This move significantly accelerates Adani’s presence in the competitive North Indian property development sector.

The National Company Law Tribunal has sanctioned Adani Enterprises' substantial INR 14,535 crore resolution plan for the beleaguered infrastructure entity, Jaiprakash Associates Ltd (JAL). This move consolidates significant assets spanning real estate, cement, and hospitality for the group.

Delhi Police EOW has registered an FIR against Suraksha Realty for allegedly diverting ₹235 crore of homebuyer funds meant for completing stalled Jaypee Infratech housing projects in Noida, based on Enforcement Directorate findings.

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.

The Supreme Court has established December 5, 2025, as the absolute final deadline for Jaypee Infratech homebuyers to submit claims for refund or flat allotment under Suraksha Realty's resolution plan.

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.

Major Indian conglomerates Adani, Vedanta, Dalmia & Suraksha submit bids for debt-laden Jaypee's ₹57000 cr assets. CoC evaluates resolution plans for JAL's real estate & cement portfolio revival.RetryClaude can make mistakes. Please double-check responses.

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.

Project delays may be a major issue for homebuyers. Delays ruin plans and cost money and mental energy. Here are five sensible methods to avoid legal issues and streamline the home-buying process.

Bank of Baroda, a major Supertech Group lender, approved the Dehradun project resolution plan. This approval is crucial, allowing 600 homeowners to finally get their houses. The proposal, presented to the NCLAT, is Supertech's first lender-approved project.

INR 171-Crore Resolution Plan by MK Rajagopalan Approved by lenders MK Rajagopalan, the promoter of Chennai-based MGM Healthcare, purchased Visakhapatnam's 300-bed SevenHills Hospital through the IBC.

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.