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cirp

IBBI panel backs project-wise insolvency resolution for real estate cases

A committee of the Insolvency and Bankruptcy Board of India (IBBI) has recommended that the resolution of stressed real estate assets be carried out on a project basis. (Photo for representational purposes only)
Updated on Apr 11, 2026 11:11 am IST

Tribunal stays bankruptcy proceedings against Supertech Township project

In pursuance of the impugned order no further steps shall be taken (related with insolvency) except collation of claims which have already been invited, said the order delivered by NCLAT chairperson on Tuesday. (Virendra Singh Gosain/HT Photo (Representative image))
Updated on Jul 31, 2024 08:29 am IST

NCLT begins insolvency resolution process against Supertech

The tribunal (NCLT) said that since the developer’s account was termed as non-performing assets in 2018 itself, the promoter cannot be considered that he will complete and deliver the project, thereby starting the CIRP. (Sunil Ghosh/HT Photo)
Updated on Jul 22, 2024 09:48 am IST

Yeida to meet Suraksha Group in a month to iron out farmer compensation issue

The meeting was called after the National Company Law Appellate Tribunal (NCLAT) directed both parties to resolve the compensation issue. (Photo for representation)
Updated on Apr 27, 2023 11:59 pm IST