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parsvnath landmark: NCLAT rejects insolvency plea against Parsvnath Landmark Developers

The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea by four unit buyers of Parsvnath Landmark Developers to initiate insolvency proceedings against the subsidiary. The tribunal upheld the Principal bench s decision, which rejected the plea on technical grounds due to the small number of petitioners.

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NCLAT rejects insolvency plea against Parsvnath Landmark Developers, ET RealEstate

Parsvnath Landmark Developers: The appellate tribunal upheld the orders of the Principal bench of the National Company Law Tribunal (NCLT), which on October 17, 2023, rejected their plea on technical grounds as the number of petitioners was only four, while the total number of allottees by Parsvnath Landmark is 488.

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NCLAT rejects insolvency plea against Parsvnath Landmark Developers

NCLAT rejects insolvency plea against Parsvnath Landmark Developers
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Latest News | Jet Airways Insolvency: NCLAT Adjourns Hearing to Nov 9

Get latest articles and stories on Latest News at LatestLY. Insolvency appellate tribunal NCLAT on Wednesday adjourned the hearing on the Jet Airways matter to November 9 over the issue of transfer of ownership of the grounded air carrier to the Jalan Kalrock Consortium (JKC). Latest News | Jet Airways Insolvency: NCLAT Adjourns Hearing to Nov 9.

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Zee-Sony merger: Zee-Sony merger: NCLAT chairperson-led bench to hear appeals by Axis Finance and IDBI Bank

Appeals filed by Axis Finance and IDBI Bank against the merger of Zee Entertainment and Culver Max Entertainment (formerly Sony Pictures Networks India) will now be heard by a bench presided over by the chairperson at the National Company Law Appellate Tribunal (NCLAT).

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