Realty developer Embassy Developments has secured relief from insolvency proceedings after the National Company Law Appellate Tribunal (NCLAT) set aside an earlier order admitting the company to the corporate insolvency resolution process (CIRP).In a regulatory filing, the developer said the appellate tribunal has quashed the December 9, 2025 order passed by the National Company Law Tribunal (NCLT), New Delhi, which had admitted insolvency proceedings against it. As a result, the CIRP initiated against the company stands closed.
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The company added that interim protections granted earlier have been subsumed into the final judgment, and…