real estate news
JM Financial Acquires 142,000 Sq Ft in Mulund Commercial Project via Bankruptcy Settlement
JM Financial Products secures 142,000 square feet of office space in a new commercial building in Mumbai's Mulund, as part of a bankruptcy settlement involving Ariisto Realty. The deal, valued at around Rs 150 crore, is part of a court-mediated corporate insolvency resolution process.
real estate news
Khaitan & Co Guides SES Energy Through Complex Corporate Insolvency Resolution
Khaitan & Co, a leading law firm, successfully advised the resolution professional of SES Energy Services India Private Limited in a unique corporate insolvency resolution process.
Real Estate
IBBI Amends Rules to Ease Homebuyers' Woes in Insolvency Process
The Insolvency and Bankruptcy Board of India (IBBI) has introduced new rules to assist distressed homebuyers by allowing them to take possession of their properties during the resolution process. These measures aim to enhance the efficiency and transparen
Real Estate
Supertech Township Gets Two Weeks to Finalize Settlement Proposal
NCLAT grants two weeks time for Supertech Township's settlement proposal. Asks firm to publish it on its website so that it can be accessed by all stakeholders.
Real Estate
IBBI's New Regulations for Corporate Insolvency Resolution: What You Need to Know
New regulations for corporate insolvency resolution in India: How they impact real estate projects and more.
Real Estate Mumbai
NCLAT Rejects Tax Claim Against Reliance Communications, Citing Insolvency Initiation
The National Company Law Appellate Tribunal (NCLAT) has dismissed a tax claim filed by the state tax department against Reliance Communications, stating that the assessment was made after the initiation of the insolvency resolution process.