The Supreme Court ordered the Enforcement Directorate to release ₹4,000 crore worth of V Hotels Ltd properties, including Mumbai’s Centaur Hotel, to Lodha Developers. This ruling follows Lodha’s acquisition of V Hotels through insolvency. The court’s decision is conditional on Lodha having no ties to former promoters or proceeds of crime.
SC orders ED to release V Hotels assets to Lodha Developers
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