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.
NCLAT restraints Raheja developers to create third party rights on assets
Categories:
Related Post
42MM Architecture Designs a Workspace Where Geometry Meets Collaboration42MM Architecture Designs a Workspace Where Geometry Meets Collaboration
New Delhi, December 27, 2025: At 42MM Architecture, geometry is not merely a design language: it’s a medium through which collaboration finds both physical and visual expression. Every line, form,
Awfis looks to grow 30% in FY26, eyes 40% non-core business revenue: Amit RamaniAwfis looks to grow 30% in FY26, eyes 40% non-core business revenue: Amit Ramani
Awfis Space Solutions targets robust FY26 growth with a 30% revenue increase to ₹1,600 crore, adding 40,000 coworking seats. The company maintains strong EBITDA margins and RoCE, while diversifying revenue
“Fair and Equitable First”: India Signals Readiness to Sign Trade Pacts“Fair and Equitable First”: India Signals Readiness to Sign Trade Pacts
India has declared a clear proposition: it is ready to put its signature on any trade deal only if it is fair and equitable. According to Commerce Minister Piyush Goyal,