Sayaji Hotels (Indore) Settles IBC Case with Ujaas Energy, Ends Legal Overhang
Sayaji Hotels (Indore) Limited has announced a mutual settlement with Ujaas Energy Limited, resolving an insolvency petition filed under Section 9 of the Insolvency and Bankruptcy Code (IBC), 2016. This agreement effectively removes a significant legal impediment that had been casting a shadow over the hospitality firm’s operations. Reader Takeaway: Settlement ends legal overhang; focus…

