The National Company Law Tribunal (NCLT) in Mumbai has sanctioned the acquisition of bankrupt Satra Properties by a consortium of realty firms.
NcltSatra PropertiesMj Shah EnterprisesCentrio LifespacesResolution PlanReal Estate MumbaiAug 13, 2024
The resolution plan is valued at INR 184 crore.
Praful Satra
MJ Shah Enterprises, MJ Shah Realtors LP, and Centrio Lifespaces
Approximately INR 719 crore
National Company Law Tribunal (NCLT) in Mumbai
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