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...

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

The public sector lender contended for maximisation of the assets and submitted if a fresh process and fresh valuation were done, Lavasa Co...

This is the second bank objection to the loan default resolution of Lavasa Corporation, billed as the first private hill town project to be...

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

The Mumbai bench of the National Company Law Tribunal (NCLT) Friday approved a revised and improved resolution plan submitted by Darwin Pla...

While passing the order, an NCLT division bench comprising Justice Shyam Babu Gautam and P N Deshmukh relied on the Supreme Court’s order o...

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

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...

HCC shares ended 25 per cent lower at Rs 17.55 on Thursday — its biggest intraday percentage loss since October 24, 2008.

The amendments would enable regulator Reserve Bank and lenders to take effective steps to deal with problem of NPAs, said Ashok Lavasa.

The Ministry of Environment and Forest informed the Bombay HC that it would pass its final order in the Lavasa case within three weeks.

Lavasa Corp told the Bombay HC that it cannot accept the MoEF preconditions as doing so would "tantamount to admission of guilt when there ...