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Dlf Limited vs Pnb Housing Finance Limited & Ors. on 22 March, 2024

Dlf Limited vs Pnb Housing Finance Limited & Ors. on 22 March, 2024
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DLF, Chinsha Property Take Partner, PNB Housing Finance to HC Over a Redevelopment Project in Mumbai: Report

Construction giants DLF and Shapoorji Pallonji (Chinsha Property) have taken to the Delhi high court (HC) their third partner, Mumbai-based Hubtown (formerly Ackruti), and Punjab National Bank Housing Finance Ltd (PNBHFL) after a default on a Rs800-crore loan resulted in the sale of DLF and Chinsha s stakes to a third party, says a report. ....

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Top builders take partner, PNB to high court over big South Bombay project | India News

India News: A slum redevelopment project in Mumbai worth Rs 10,000 crore has become the subject of a dispute between three top builders. DLF and Shapoorji Pallonj ....

Shapoorji Pallonji Chinsha , Shapoorji Pallonji , Joyous Housing , Willingdon Club At Mahalaxmi , Omkara Asset Reconstruction Company Ltd , Punjab National Bank , Chinsha Property , Mumbai Based Hubtown , Willingdon Club , Non Performing Asset , Default Notice , Contract Act , Ndia News , Ndia News Today , Oday News , Google News , Reaking News , Top Builders , Top Bldrs , Sobo Project ,

Top Bldrs Take Partner, Pnb To Hc Over Big Sobo Project, Real Estate News, ET RealEstate

A Rs 800-crore loan was secured to get on with construction and the stakes held by all three shareholders was pledged as additional security to PNB Housing Finance. When JHL failed to repay the loan, its account became a Non-Performing Asset in January 2022. ....

Shapoorji Pallonji , Joyous Housing , Delhi High Court , Willingdon Club At Mahalaxmi , Omkara Asset Reconstruction Company Ltd , Willingdon Club , Non Performing Asset , Default Notice , Delhi High , Contract Act , Shapoorji Pallonji , Chinsha Property , Punjab National Bank ,

Right Of Pledgee To Sell Pledged Shares Is Subservient To The Pledgor's Right To Redeem Such Shares: Delhi High Court

The High Court of Delhi has held that the right of the pledgee to sell the pledged shares for default to repay the loan amount is subservient to the right of the pledgor to redeem such shares under. ....

Aakriti Vohra , Vishal Gehrana , Manjira Dasgupta , Saurabh Kumar , Megha Dugar , Justice Manoj Kumar , Kanika Gumber , Ruby Singh Ahuja , Housing Finance , Punjab National Bank , Justice Manoj Kumar Ohri , Chinsha Property , Loan Agreement , Share Pledge Agreements , Omkara Asset Reconstruction , Redemption Notice , Indian Contract Act , Indian Contract , Finance Limited , Rajiv Nayar , Pravin Bahadur , Isham Gaur , Delhi High Courta Ampc Act Pledged Shares Loan Amount ,