Tag: NCLT

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

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

NCLT Rejects Wadhwa Buildcon Promoters’ Plan

The National Company Law Tribunal (NCLT) has turned down the resolution plan put forward by Wadhwa Buildcon LLP's promoters. The reason cited was the...

JP Infra (Mumbai) Entities Receive NCLT Approval for Amalgamation and Restructuring

Overview: The National Company Law Tribunal (NCLT) sanctioned the scheme involving JP Infra (Mumbai) and its associated entities - Four D Estates, Four D Buildspace,...

NCLT Upholds IIFL Finance’s Claim against Satra Properties as Financial Debt

The National Company Law Tribunal (NCLT) has approved IIFL Finance's petition in an ongoing case involving Satra Properties and Vistra ITCL (India). IIFL Finance...

Prominent Noida Developer Supertech ORB Under NCLT Scrutiny

Supertech ORB, a prominent real estate developer engaged in the construction of high-end residential apartments in the southeastern suburbs of Delhi-NCR, is grappling with...

Suraksha Group’s Bid Approved by NCLT, Bringing Relief to Over 20,000 Homebuyers of Jaypee Infratech

The Mumbai-based Suraksha group's bid to acquire Jaypee Infratech Ltd has been approved by the National Company Law Tribunal (NCLT). This approval comes as...