NCLAT dismisses Spaze Towers’ plea to limit insolvency process to single project, ET RealEstate

Representative image NEW DELHI: Appellate tribunal NCLAT on Tuesday dismissed the plea filed by the former promoters of realty firm Spaze Towers to confine the Corporate Insolvency Resolution Process to only one project — Spaze Arrow. The National Company Law Tribunal (NCLT), on October 21, 2024, directed the initiation of insolvency proceedings against Spaze Towers,…

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“Business as usual” for The Orchard, as it enters Voluntary Administration • The Western Weekender

The Orchard in Penrith. The Orchard, the sprawling dining destination on Tench Avenue in Penrith, will continue to trade despite entering Voluntary Administration. And the Directors and Owners of the business say they have every intention that it will trade into the future. Graeme Beattie of Worrells has been appointed the Administrator. “The Orchard is…