Under the Insolvency and Bankruptcy Act, corporate insolvency resolution process must be completed within 270 days and in case of failure, ...

Justices Arun Mishra and UU Lalit said these properties are being attached because the group had not invested in them with its own money bu...

Candor Investment, which managed property for London-based Unitech Corporate Parks plc, was bought by Brookfield Asset Management in 2014.

Amrapali also plans to sell properties in Vrindavan, Bhubaneswar, Bareilly, Indore, Jaipur, Udaipur, Raipur, Patna and Muzzafarpur, among o...

A bench headed by Chief Justice Dipak Misra said the limitation period of 180 days to conclude the insolvency proceedings will commence fro...

Court approved the joint proposal by the builder and home buyers. Amrapali, with co-developers, will create four baskets of 26 projects, wh...

Sources said that JAL, which had so far deposited Rs 425 crore with the apex court registry, has deposited the remaining amount of Rs 125 c...

The company, which deposited Rs 425 crore with the apex court registry so far, had to deposit Rs 125 crore by December 31 and wanted a two-...

The court on Noveber 22 had accepted a demand draft of Rs 275 crore submitted by the real estate firm and directed it to pay another two tr...

"Rs 130 crore you have deposited so far. Now at least Rs 1,000 crore should be deposited," the SC bench told Unitech MD Sanjay Chandra.

IDBI Bank lender said the stay, sought by buyers yet to get possession of their flats, takes the co out of the control of the insolvency pr...

The court issued notices to Jaypee, its parent company Jaiprakash Associates, the RBI, IDBI Bank, the ministry of finance and the ministry ...

Supreme Court has asked around 300 homebuyers to file the consolidated petition and to avoid the multiplication of cases.

It started with NCDRC giving a few orders in favour of homebuyers, asking Unitech to compensate buyers at 12 per cent per annum for delay i...

Gurgaon-based realty firm Unitech has agreed to strike a settlement with three home buyers in its high-end residential project Burgundy on ...

An airhostess whose contract was renewed because of her being 'overweight' today knocked the doors of the SC for getting her job back.

Issuing a notice to NACIL, the single-judge bench asked it to explain by September 19 why the air hostess' contractual employment was not r...