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NCLAT RAHEJA DEVELOPERS
NCLAT upholds project-specific insolvency action for realty firmsHomebuyers' insolvency cases against real estate firms will now be limited to the specific project facing default. The National Company Law...- NCLAT reaffirms project-specific insolvency proceedings against realty firmsThe National Company Law Appellate Tribunal has ruled that homebuyers' insolvency cases against real estate firms must focus only on the pr...
- Insolvency process against Raheja Shilas project in Gurugram to continue, says NCLATThe National Company Law Appellate Tribunal has rejected Raheja Developers' request to end insolvency proceedings for its Raheja Shilas pro...
- No stay on creation of third-party rights on stocks of Raheja Developers: NCLAT clarifiesOn October 27, NCLAT had restrained Raheja developers from creating third party rights by selling units or land. The builder had sought cla...
- NCLAT limits insolvency against Raheja to one project only, seeks report for other projectsThe National Company Law Appellate Tribunal (NCLAT) has narrowed down insolvency proceedings against Raheja Developers to just its 'Raheja ...
- Raheja Developers moves NCLAT against insolvencyRaheja Developers is facing insolvency proceedings initiated by flat buyers of its Gurugram-based Shilas project. The buyers allege a defau...
- NCLT OKs Macrotech Developers' acquisition of Centaur Hotel owner’s V HotelsLodha Group-owned Macrotech Developers is paying around Rs 890 crore to acquire the hotel property in Juhu, an affluent suburb in western M...
- NCLAT approves settlement plan for Asian hotelsThe promoters, who operate the Hyatt Regency hotel near Mumbai airport, offered to pay the entire claims of lenders, trade creditors, emplo...
- Bank of Maharashtra invites bids for loans of Asian Hotels (North)In a rare development, Bank of Maharashtra is expecting full recovery of dues from the sale of the loans to a hotel, owned by the Jatia Gro...
- Raheja Developers to deliver 7,000 units in next 1-2 yearsAfter an epic judgement released by the NCLAT court on 23 Jan 2020, to halt insolvency proceedings against Gurugram based Raheja Developers...
- NCLAT sets aside insolvency proceedings against Raheja DevelopersEarlier, on August 20 last year, the Delhi-based principal bench of the National Company Law Tribunal (NCLT) had directed to initiate insol...
- NCLAT halts insolvency proceedings against RahejaRaheja was admitted for insolvency proceedings in August 2019 by the National Company Law Tribunal (NCLT) which held the company in default...
- India Inc seeks steps to stimulate consumption, revive investmentIndustry body sought policy stability for restoring investor confidence in sectors like retail, mining & auto.
- Cannot reject insolvency plea over claims disputed after demand notice: NCLATA three-member Bench, headed by Chairman S J Mukhopadhaya, observed that "existence of dispute must be pre-existing i.e. it must exist befo...
- Raheja Developers to face insolvency proceedingsThe Delhi-based builder is accused of failing to pay its outstanding dues related to work done by Ahluwalia Contracts.
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