NCLAT upholds Adani Goodhomes’ resolution plan for real estate company Radius Estates

NCLAT upholds Adani Goodhomes’ resolution plan for real estate company Radius Estates

NCLAT  The National Company Law Appellate Tribunal (NCLAT) on May 27 upheld the resolution plan proposed by Adani Goodhomes to take over bankrupt real estate company, Radius Estates [Beacon Trusteeship Ltd v. Jayesh Sanghrajka & Ors and connected petitions] A coram of Chairperson Justice Ashok Bhushan and technical member Barun Mitra rejected the challenge raised …

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NCLT Mumbai admits insolvency plea against Dream 11

NCLT Mumbai admits insolvency plea against Dream 11

Dream 11 and NCLT Mumbai  The National Company Law Tribunal at Mumbai on February 9 admitted an insolvency plea against Sporta Technologies, owner of fantasy sports platform Dream 11 for a debt of over ₹7 crores. [Piyush Jani v. Sporta Technologies Pvt Ltd] A coram of judicial member Reeta Kohli and technical member Madhu Sinha …

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