ATS Knightsbridge Insolvency Exit & Project Revival Key Highlights
- CIRP Withdrawal Approved: NCLT allows withdrawal under Section 12A, closing insolvency proceedings
- Project Back on Track: ATS Knightsbridge set to resume construction and delivery plans
- Advanced Construction Stage: All five towers completed or nearing completion
- Handover Timeline: Expected delivery within 18–24 months, subject to approvals
- Financial Strength: Significant repayments and strong sales traction across key project
Real estate developer ATS Group’s premium Noida project, ATS Knightsbridge, has been withdrawn from the corporate insolvency resolution process (CIRP) under Section 12A of the Insolvency and Bankruptcy…