Embassy Developments Exits Insolvency, Normal Trading Resumes on BSE and NSE, ETRealty
NEW DELHI: Embassy Developments’ shares have resumed normal trading on the BSE and NSE following the National Company Law Appellate Tribunal’s (NCLAT) order setting aside insolvency proceedings against the company. With the appellate tribunal quashing the Corporate Insolvency Resolution Process (CIRP), the company has also exited the Additional Surveillance Measure (ASM) framework imposed earlier. The…

