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NIRMAL LIFESTYLE
BoB looks to sell Rs 2,700 crore of NPAs; taps ARCs, NBFCsBank of Baroda is selling a ₹2,776 crore portfolio of 41 stressed loans, including nine declared fraud accounts like Ushdev International a...- NCLT approves Mantra Properties buyout of Mulund projectThe company entered corporate insolvency resolution process (CIRP) in July 2023 on a plea by Beacon Trusteeship Ltd. It has two secured cre...
- India plans special NCLT bench for cross-border insolvency cases to speed up resolutionsIndia plans to set up a special NCLT bench with trained members to handle cross-border insolvency cases once new rules under the Insolvency...
- ArisInfra, Capacit’e Ink Rs 800 cr construction material procurement pactArisInfra Solutions has signed a five-year procurement deal with Capacit’e Infraprojects to source construction materials worth ₹800 crore ...
- Oberoi Realty & Nirmal Lifestyle get NCLT approval for mergerThe National Company Law Tribunal has approved the merger of Nirmal Lifestyle Realty with Oberoi Realty. This move will simplify Oberoi Rea...
- NCLT approves Oberoi Realty arm’s acquisition of Nirmal Lifestyle RealtyThe resolution plan of Oberoi Constructions involves paying around Rs 273 crore to financial, operational, and other creditors. The company...
- L&T Finance gets 10 expressions of interest for distressed developer loansL&T Finance has received 10 expressions of interest (EoI) for 10 distressed developer loan accounts, with a combined outstanding of INR 3,0...
- SC rejects Nirmal Lifestyle pleaThe Supreme Court on Thursday has dismissed a petition filed by the promoters of Nirmal Lifestyle (Kalyan) to set aside an order passed by ...
- NCLAT lets RP Act on Nirmal Lifestyle arm caseThe tribunal said the CoC may take a call regarding finding out ways and means to complete the stalled projects of Nirmal Lifestyle (Kalyan...
- Acre ARC buys a clutch of distressed loans from HDFCThe portfolio includes loans to Gurugram-based real estate developer Vatika Group (₹730 crore) and distressed Nirmal Lifestyle Kalyan (₹430...
- NCLT admits insolvency plea against Nirmal Lifestyle KalyanKolkata-based Srei Equipment Finance Ltd had approached the Mumbai bench of the National Company Law Tribunal (NCLT) after Nirmal Lifestyle...
- NCLT allows withdrawal of insolvency proceedings against Nirmal LifestyleNCLT had admitted the company under the Corporate Insolvency Resolution Process (CIRP) last year based on a petition filed by IDBI Trustees...
- NCLT admits insolvency resolution petition against Mumbai-based developer Nirmal LifestyleThe Mumbai bench of the National Company Law Tribunal (NCLT) has admitted the company under the Corporate Insolvency Resolution Process (CI...
- Prestige Estates, Nirmal in talks to jointly develop mall in MulundAs part of Rs 1,000-crore agreement, Prestige will pay 50% upfront to Nirmal, while the balance amount will be invested in the project that...
- Nirmal Lifestyle in talks with 2 realtors to develop Mulund landThe ratio in which developed space will be shared between both the partners will be dictated by the upfront payment to be made by the incom...
- Ajit Kerkar can’t monetize Tulip HotelThe Bombay HC, restrained his hospitality company Tulip from creating any third-party rights on the premises or changing the facade of the ...
- Nirmal Lifestyle plans 10 integrated townshipsRealty developer Nirmal Lifestyle is planning to develop 10 integrated townships across the country in next 10 yrs, said Dharmesh Jain.
- Nirmal Lifestyle ties up with USTA -fashionReal estate developer Nirmal Lifestyle today announced a tie up with the United States Tennis Association (USTA) for using US Open brand in...
- Nirmal in talks with FIIs, PEs to raise $800 mnLeading foreign and Indian institutions including Deutsche Bank, Lehman Brothers, Goldman Sachs, ICICI Venture and HDFC Realty are in talks...
- Nirmal Lifestyle to invest Rs 1,000 cr in hotelsReal estate group Nirmal Lifestyle will invest about Rs 1,000 crore for developing five hotels and convention centres here, which would be ...
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