PRS REIT moves a step closer to winding down

PRS Reit (The)    moved a step closer to winding down on Thursday, after publishing a circular outlining plans for a members’ voluntary liquidation, following shareholder approval last month for the sale of its holding company.The FTSE 250 company’s board said completion of the sale of PRS HoldCo was expected on or around 11 December, after…

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Restructuring & Insolvency Solicitors | Irwin Mitchell

Lenders We are on the legal panels of most of the major retail banks in the UK, as well as independent asset-based lenders. We have particular expertise in managing volume LPA receiverships. Insolvency practitioners and restructuring professionals We help practitioners with the appointment of insolvency office holders, sale of assets, dispute resolution and the discharge…

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Claims Must Go Through IRPs Amidst 129 Real Estate Projects Under Insolvency, ETRealty

NEW DELHI: The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has issued a public advisory after 129 real estate projects belonging to 14 developers were admitted into the Corporate Insolvency Resolution Process (CIRP) before the National Company Law Tribunal (NCLT) between January 2024 and now. With insolvency proceedings underway, UP-RERA has asked affected homebuyers to…