hyderabadupdates.com Real Estate NCLAT restraints Raheja developers to create third party rights on assets

NCLAT restraints Raheja developers to create third party rights on assets

October 30, 2025October 30, 2025| Ai Generated Article, credits to ogrinal websiteAi Generated Article, credits to ogrinal website| 0 Comment| 12:10 am
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The National Company Law Appellate Tribunal has stopped Raheja Developers from selling property. This comes after homebuyers raised concerns about company assets being sold during insolvency proceedings. The tribunal clarified that the Interim Resolution Professional can defend the company before authorities. The aim is to inform buyers about the ongoing insolvency and ensure property delivery.

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