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UDAYRAJ PATWARDHAN
Creditors back Welspun-Ashdan for Lavasa takeover with 92% voteCreditors have chosen the Welspun-Ashdan consortium to acquire India's first private hill town, Lavasa Corp. The project faced administrati...- Welspun moves NCLT against Lavasa's top bidder ValorThe interlocutory application, filed through a Welspun subsidiary, also highlighted links between Valor's promoters and another defaulting ...
- All Lavasa suitors raise offers in third round; Valor Estates leadsThe competition for Lavasa Corp intensifies as Valor Estates, Welspun-Ashdan combine, and Yogayatan Group raise their bids. Valor Estates l...
- Yogayatan knocks on NCLT's doors over lenders' decision to allow revised bids for LavasaYogayatan Group has filed a petition with the NCLT, opposing the lenders' decision to allow revised resolution plans for Lavasa Corp after ...
- Lavasa set to go for rebids as creditors extend timelineCreditors of Lavasa Corporation are extending the resolution deadline after a late bid revision by Valor Estate. This decision allows all b...
- Mumbai-based Yogayatan Group raises bid for Lavasa, emerges as top bidderYogayatan Group has emerged as the highest bidder for the debt-laden Lavasa Corporation, increasing its bid to Rs 795 crore. This surpasses...
- Valor emerges as top bidder for Lavasa with ₹771-crore offerValor Estate, formerly DB Realty, has emerged as the highest bidder for Lavasa Corporation with a ₹771.09 crore offer. This follows a frenz...
- Welspun bids the most for Lavasa Corporation; Lodha Developers, Jindal Steel and Power Group in fray, tooLavasa Corporation, India's first private hill town project, is up for sale again. Creditors aim to recover their dues. Six takeover bids h...
- Authum, Kotak, others file bids for Lavasa CorporationCreditors have extended the timeline to submit expressions of interest to October 24 after requests from three more parties. Creditors have...
- NCLT extends time for Ind-Barath’s insolvency processAt the meeting of the committee of creditors (CoC) held on October 14, the lenders had decided to go ahead with the resolution plan submitt...
- Plea against Valecha unit for Rs 105-cr defaultThe tribunal has also appointed Udayraj Patwardhan as interim resolution professional (IRP) for the resolution of the company.
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