nclt: NCLT initiates bankruptcy against Ansal assets and infrastructure | Tech Reddy

nclt: NCLT initiates bankruptcy against Ansal assets and infrastructure

 | Tech Reddy

[ad_1] The National Company Law Tribunal (NCLT) has ordered the initiation of insolvency proceedings against realty firm Ansal Properties and Infrastructure on a petition filed by 126 flat buyers of one of the company’s housing projects. A two-member bench of the Insolvency Tribunal admitted the plea of ​​126 flat/villa buyers of Ansal API’s real estate … Read more

NCLT initiates insolvency proceedings against Ansal properties | Tech Reddy

NCLT initiates insolvency proceedings against Ansal properties

 | Tech Reddy

[ad_1] New Delhi: The National Company Law Tribunal (NCLT) has ordered the initiation of insolvency proceedings against realty firm Ansal Properties and Infrastructure on a petition filed by 126 flat buyers of one of the company’s housing projects. A two-member bench of the Insolvency Tribunal admitted the plea of ​​126 flat/villa buyers of Ansal API’s … Read more

IL&FS initiates interim distribution payout | Tech Reddy

IL&FS initiates interim distribution payout

 | Tech Reddy

[ad_1] Mumbai: IL&FS has initiated interim distribution payout with Rapid Metro Gurgaon Rail Ltd (RMGL), an IL&FS group company. The Group has completed disbursement of Rs 623.38 crore on interim basis to RMGL’s secured creditors/secured financial creditors including Union Bank of India, Bank of India, Indian Bank, Punjab & Sind Bank, UCO Bank, Bank of … Read more