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Mumbai: NCLT Upholds IndusInd Bank’s Rights In Precision Realty Insolvency Case, Orders ₹19.59 Crore Payout

The NCLT directs modification of the Precision Realty resolution plan, safeguarding the statutory rights of secured creditor IndusInd Bank | Representational Image Mumbai, June 2: The National Company Law Tribunal (NCLT), in its recent order passed in the insolvency case of Precision Realty Developers Pvt Ltd, has held that a dissenting secured financial creditor cannot…

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Access Denied You don’t have permission to access “http://www.telegraph.co.uk/rugby-union/2026/06/02/lawrence-dallaglio-lavish-lifestyle-after-bankruptcy-extend/” on this server. Reference #18.cf58d617.1780515192.13959451 https://errors.edgesuite.net/18.cf58d617.1780515192.13959451 Read the original article here

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Undisclosed Related Party MoU Cannot Justify Continued Occupation of Corporate Debtor’s Hotel Property During CIRP: NCLAT [Read Order]

The National Company Law Appellate Tribunal (NCLAT), New Delhi, has upheld the eviction of the promoter family from a five-star hotel owned by the corporate debtor and held that an undisclosed related-party Memorandum of Understanding (MoU) and an arbitral award could not justify continued occupation of the company’s property during the Corporate Insolvency Resolution Process…