Insolvency Archives - Tech Reddy

Insolvency proceedings begin at Ansal Properties and Infrastructure, Infra News, ET Infra | Tech Reddy

November 26, 2022 by Tech Reddy

[ad_1] New Delhi: The National Company Law Tribunal (NCLT) has ordered the initiation of a corporate insolvency resolution process of Ansal Properties and Infrastructure. Creditors of Ansal Properties have been asked to submit their claims along with evidence to the Interim Resolution Professional by December 1. The class of creditors determined by the interim resolution … Read more

Insolvency proceedings commenced at Ansal Property and Infrastructure | Tech Reddy

November 25, 2022 by Tech Reddy

[ad_1] The National Company Law Tribunal (NCLT) has ordered the initiation of a corporate insolvency resolution process for Ansal Property and Infrastructure. Creditors of Ansal Properties have been asked to submit their claims along with evidence to the Interim Resolution Professional by December 1. The class of creditors determined by the interim resolution professional includes … Read more

NCLT initiates insolvency proceedings against Ansal properties | Tech Reddy

November 17, 2022 by 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

Creditors of Il&fs Arm get 1st payout by Insolvency Grp | Mumbai news | Tech Reddy

November 14, 2022 by Tech Reddy

[ad_1] Mumbai: Financial Creditors Fast Metro Gurgaon Rail (RMGL), a part of the IL&FS Group, received 83% of their total claim of Rs 715 crore. Following the IL&FS Board’s decision to initiate interim distribution on November 2, 2022, the group has started disbursing the recovered amount to creditors.Secured financial creditors of RMGL — UBI, BoI, … Read more