Latest Breaking News On - Adani goodhomes - Page 1 : comparemela.com

MC Exclusive: $5.2 billion inflows could chase HDFC Bank in August MSCI India Index rebalancing, predicts Macquarie

MC Exclusive: $5.2 billion inflows could chase HDFC Bank in August MSCI India Index rebalancing, predicts Macquarie
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HDFC Bank, others take over 96% haircut in Adani Goodhomes-Radius Estates deal

With the NCLAT upholding the NCLT ruling, this has become the latest case where creditors have been forced to take substantial haircut in bankruptcy cases

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Adani Goodhomes: NCLAT upholds Adani Goodhomes bid with 93% haircut for Radius Estate

The Insolvency Appellate Tribunal NCLAT upheld its Adani Goodhomes resolution plan for Radius Estate. NCLAT rejected petitions from two dissenting financial creditors, and approved the plan to provide possession to nearly 700 flat owners without price escalation. The plan was opposed by Beacon Trusteeship and ICICI Prudential Venture Capital Fund Real Estate, who claimed it was unfair, but NCLAT affirmed the Commercial Creditors Committee s decision.

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NCLAT upholds Adani Goodhomes bid with 93% haircut for Radius Estate

The Mumbai bench of the National Company Law Tribunal (NCLT) on January 9, 2022, has approved the resolution plan of Adani Goodhomes, a part of Adani Realty

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NCLAT upholds Adani Goodhomes bid with 93% haircut for Radius Estate, ET RealEstate

Adani Goodhomes: A two-member bench comprising the NCLAT Chairman rejected the petitions by two dissenting financial creditors, saying it was "commercial wisdom" of the Committee of Creditors (CoC), which approved the payout to different creditors.

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