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

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

The properties return the server more than the new owner bargained for | Tech Reddy

[ad_1] HELPER, Utah — When Gary DeVincent first came to town, Main Street looked very different. Most of the buildings were empty and in need of restoration, and barely a soul could be found at night. “I believe most of these projects, anyone else would have just torn them down,” said DeVincent, who has helped … Read more