Yogayatan Group has filed a petition with the NCLT, opposing the lenders' decision to allow revised resolution plans for Lavasa Corp after ...

Yogayatan Group has emerged as the highest bidder for the debt-laden Lavasa Corporation, increasing its bid to Rs 795 crore. This surpasses...

Lavasa, India's first planned private hill city near Pune, was envisioned as a European-style utopia with open promenades, waterfronts, and...

A bankruptcy court in Mumbai has granted a 90-day extension for Lavasa Corporation's revival process. The company is undergoing a fresh ins...

Lavasa, a hillside resort project near Mumbai, has faced setbacks for nearly 25 years. With only 5,000 residents and $1 bn in liabilities, ...

The Mumbai bench of the National Company Law Tribunal has allowed secured creditors to restart the Corporate Insolvency Resolution Process ...

Lavasa, India's first new hill station since the end of British colonial rule, has been given a new lease of life. After being partially bu...

Darwin Platform Infrastructure Ltd (DPIL) has emerged as the winning bidder for Lavasa Corporation Ltd, which is primarily into the busines...

The homebuyers, in their petition, had sought the tribunal's intervention to declare the resolution plan submitted by Darwin Platform Infra...

Valuers had pegged Rs 4,000 crore as liquidation value of the country’s first privately developed township when it was admitted for insolve...

Three bids were received for the stuck project until the deadline of November 20 including one from a Pune-based realty developer Anirudh D...

Last year a consortium led by Haldiram Snacks and two property developers, namely Pioneer Facor IT Infradevelopers and Sanar Property had e...

“Any standalone resolution does not seem to be possible and would therefore defeat the objective of the code (Insolvency and Bankruptcy Cod...

It has written off Rs 1,046 crore, or its entire exposure, to Lavasa Corporation.

The ruling also assumes significance as this is the only order passed by the authority against Lavasa before the NCLT admitted a plea filed...

Lavasa is a symbol of the excesses gripping the world’s second most-populous nation. It now faces what may be its final reckoning.

At 11:44 am, shares of the company were trading 12.80 per cent lower at Rs 25.20.