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LAVASA BIDDERS
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...
- Bankruptcy court allows 90 days extension to revive Lavasa CorporationA bankruptcy court in Mumbai has granted a 90-day extension for Lavasa Corporation's revival process. The company is undergoing a fresh ins...
- NCLT approves Rs 1,814 cr resolution plan for Lavasa; Darwin Platform winning bidderDarwin Platform Infrastructure Ltd (DPIL) has emerged as the winning bidder for Lavasa Corporation Ltd, which is primarily into the busines...
- Bankruptcy court approves Darwin Platform's resolution plan for Lavasa CorporationThe Mumbai bench of the National Company Law Tribunal (NCLT) Friday approved a revised and improved resolution plan submitted by Darwin Pla...
- NCLT directs Lavasa lenders to distribute sale proceeds equitablyWhile passing the order, an NCLT division bench comprising Justice Shyam Babu Gautam and P N Deshmukh relied on the Supreme Court’s order o...
- Lavasa creditors start voting on two resolution proposalsValuers had pegged Rs 4,000 crore as liquidation value of the country’s first privately developed township when it was admitted for insolve...
- Two new bidders for LavasaTwo bids from Alchemist ARC president Srishti Dhir along with her brother Madhav Dhir and little known Darwin Projects are being considered...
- Bankers to make last-ditch attempt to get more cash from Lavasa's biddersThree bids were received for the stuck project until the deadline of November 20 including one from a Pune-based realty developer Anirudh D...
- Committee of Creditors to mull, finalize Lavasa takeover bids on MondayLast year a consortium led by Haldiram Snacks and two property developers, namely Pioneer Facor IT Infradevelopers and Sanar Property had e...
- NCLT allows consolidation of Lavasa Corporation’s subsidiaries for faster resolution“Any standalone resolution does not seem to be possible and would therefore defeat the objective of the code (Insolvency and Bankruptcy Cod...
- What’s on the menu? Haldiram interest lifts stocks of debt-stressed HCC, KwalityOn October 10, PTI reported that Haldiram group emerged as the sole bidder for acquiring debt-ridden dairy firm Kwality.
- With no serious contenders, Lavasa extends deadline to bidIt has written off Rs 1,046 crore, or its entire exposure, to Lavasa Corporation.
- Lavasa Corporation files IPO document to raise Rs 750 croreHCC's realty arm Lavasa Corporation filed documents with market regulator SEBI for launching an initial public offer (IPO) to raise Rs 750 ...
- Government eases norms for UMPP in Odisha, Tamil Nadu to attract developers in a slowing economyThe government has asked bidders to include projects implemented by them over the past 7 years against 5 years specified earlier to qualify...
- Govt relaxes UMPP norms after companies opposeThe government has relaxed qualification norms for ultra mega power projects (UMPPs) and amended a clause that capped cost of coal in order...
- We hope to get back to 20% growth in 2010-11: Hindustan Construction Co. LtdPraveen Sood, CFO, Hindustan Construction Co. Ltd, in an interview with ET Now talks extensively about the Lavasa project and hopes to get ...
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