Dharan Infra-EPC Q2 FY26 Loss Hits ₹4.19 Cr Amid 55% Revenue Plunge; CIRP Withdrawal Initiated

Consolidated Net Loss stood at ₹-4.19 Cr for Q2 FY26; Consolidated Revenue declined 55.74% YoY.Reader Takeaway: Revenue plunge continues amid CIRP; settlement brings withdrawal hope, but operational risks persist. What just happened (today’s filing) Dharan Infra-EPC Limited reported a consolidated net loss of ₹4.19 crore for the quarter ended September 30, 2025. This marks a…

Client Challenge

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NCLT Admits Insolvency Case Against Pune Businessman Vishwajeet Jhawar Over ₹226.89 Crore Default

The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted insolvency proceedings against Vishwajeet Jhawar, a Pune-based businessman who stood as a personal guarantor for real estate firm Marveledge Realtors Pvt. Ltd., over an alleged default of Rs. 226.89 crore.  The order was passed by the bench comprising Prabhat Kumar (Technical Member) and Sushil Mahadeorao Kochey (Judicial Member) while hearing…

Hardt Hyperloop has been declared bankrupt

Dutch hyperloop company Hardt Hyperloop has been declared bankrupt by the court in The Hague. This is stated in the Central Insolvency Register, confirming earlier reports in Dutch media on the bankruptcy. Hardt Hyperloop, based in Rotterdam, was working on the development of technology to transport people at high speed through a vacuum tube in…

A city on the docket: Inside Lavasa’s insolvency

Homebuyers as residents Homebuyers, out of all stakeholders, experience possibly the sharpest dislocation produced by treating the collapse of Lavasa as a conventional corporate insolvency. Homebuyers are classified as financial creditors and represented as a whole in the Committee of Creditors. However, this formal recognition captures merely their monetary exposure and not their lived realities,…