hyderabadupdates.com Real Estate NCLAT set aside insolvency proceedings against Mahagun, asks NCLT to hear again

NCLAT set aside insolvency proceedings against Mahagun, asks NCLT to hear again

November 9, 2025November 9, 2025| Ai Generated Article, credits to ogrinal websiteAi Generated Article, credits to ogrinal website| 0 Comment| 12:12 am
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The National Company Law Appellate Tribunal has dismissed the insolvency proceedings against Mahagun. In its directive, the tribunal has instructed the National Company Law Tribunal to reassess the situation after reviewing a new status report and following Supreme Court guidance on project-specific insolvency issues.

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