NCLT ends insolvency proceedings against ATS Le Grandiose developer after settlement
The National Company Law Tribunal (NCLT) has closed the corporate insolvency resolution process (CIRP) against Nobility Estates Private Limited, the developer of the ATS Group’s ‘Le Grandiose’ housing project in Noida, following approval of a settlement between lenders and the company’s former management. The decision was issued by the NCLT Principal Bench, consisting of Acting…

