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NCLAT Approves Insolvency Proceedings Against Supertech Realtors Amidst Financial Turmoil, ETRealty

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) has cleared the way for insolvency proceedings against Supertech Realtors, the developer of the Supernova project, which comprises residential apartments, offices, retail space, and a luxury hotel. The Insolvency and Bankruptcy Appellate Tribunal has upheld the previous order passed by the Delhi bench of the National…

NCLT Denies IRP’s Attempt to Withdraw SKIL Infra from Insolvency, ETInfra

The move to exit the insolvency proceedings came after the company settled with its original financial creditor, Amluckie Investment. The National Company Law Tribunal (NCLT) has dismissed an application filed by the interim resolution professional (IRP) of SKIL Infrastructure seeking withdrawal of the corporate insolvency resolution process (CIRP) against the company. The listed infrastructure firm,…

NCLT Denies IRP’s Attempt to Withdraw SKIL Infra from Insolvency, ETInfra

The move to exit the insolvency proceedings came after the company settled with its original financial creditor, Amluckie Investment. The National Company Law Tribunal (NCLT) has dismissed an application filed by the interim resolution professional (IRP) of SKIL Infrastructure seeking withdrawal of the corporate insolvency resolution process (CIRP) against the company. The listed infrastructure firm,…

NCLT rejects IRP bid to end SKIL Infra’s insolvency process

Mumbai: The National Company Law Tribunal (NCLT) has dismissed an application filed by the interim resolution professional (IRP) of SKIL Infrastructure seeking withdrawal of the corporate insolvency resolution process (CIRP) against the company.The listed infrastructure firm, promoted by brothers Bhavesh and Nikhil Gandhi, was admitted under the CIRP on an application filed by its financial…

NCLT rejects IRP bid to end SKIL Infra’s insolvency process

Mumbai: The National Company Law Tribunal (NCLT) has dismissed an application filed by the interim resolution professional (IRP) of SKIL Infrastructure seeking withdrawal of the corporate insolvency resolution process (CIRP) against the company.The listed infrastructure firm, promoted by brothers Bhavesh and Nikhil Gandhi, was admitted under the CIRP on an application filed by its financial…