Tag: insolvency

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    NCLT Begins Insolvency Process Against Supertech Group’s Supernova Project in Noida

    NCR News RB Correspondent RB Correspondent -
    NOIDA, India — The National Company Law Tribunal (NCLT) has recently embarked on the corporate insolvency resolution process (CIRP) against Supertech Realtors Private Limited,...

    Bankruptcy Doubles In Real Estate Segment: Is This mini-Lehman Moment?

    Trends RB Correspondent RB Correspondent -
    Number of real estate builders filing for insolvency has been on a sharp rise. Is this Indian real estate’s Lehman moment? Last week, the dedicated...