NCLAT stays Jyoti Structures liquidation
NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) has stayed the liquidation of debt-ridden real estate firm Jyoti Structures and barred any sale of its assets till further orders…. Read more »
Category: Policy
India sets ball rolling for stake sale in NBCC, HUDCO
NEW DELHI: The government of India set the ball rolling for further selling of its stake in NBCC and HUDCO, in addition to an initial public offering (IPO) of the… Read more »
Uttar Pradesh suspends Muzaffarnagar ADM for spat with retired Army colonel over illegal construction at Noida residence
NOIDA/LUCKNOW: The Uttar Pradesh government said on Thursday that it has suspended Muzaffarnagar Additional District Magistrate Harish Chandra, who has had a spat with a retired Army colonel over an… Read more »
Narendra Modi hands over 1 lakh houses in Gujarat’s Jujwa village
NEW DELHI: The Prime Minister of India Narendra Modi has joined thousands of people in witnessing the collective e-Gruhpravesh of beneficiaries of the Pradhan Mantri Awaas Yojana (Gramin) at a… Read more »
Amrapali’s realty business like cobweb, housing projects seem illegal
NEW DELHI: The Supreme Court of India asked the Amrapali Group to “come out with clean hands”, observing that its residential projects in the National Capital Region seemed prima facie… Read more »
Ghaziabad civic body to start sealing, demolition of illegal buildings
GHAZIABAD: The Ghaziabad Development Authority (GDA) will launch a massive demolition drive against illegally constructed buildings here from today even as it has so far demolished 27 such structures. In… Read more »
Parliament passes bill to amend Insolvency and Bankruptcy Code
NEW DELHI: A bill to amend the Insolvency and Bankruptcy Code (IBC) 2016, allowing home buyers to be treated as financial creditors and seeking to set up a special dispensation… Read more »
Supreme Court of India asks Tamil Nadu to seal 11 resorts in Nilgiris within 48 hours
NEW DELHI: The Supreme Court of India on Thursday directed the Tamil Nadu government to seal or close down within 48 hours 11 resorts and hotels constructed on the elephant… Read more »
Supreme Court of India asks NCLT to deal with insolvency proceedings against Jaypee group
NEW DELHI: In a setback to the Jaypee group, the Supreme Court today asked the National Company Law Tribunal (NCLT), Allahabad, to deal with the insolvency proceedings against Jaypee Infratech… Read more »
Sebi orders forensic audit against Parsvnath Developers
NEW DELHI: Markets regulator Sebi on wednesday ordered a forensic audit of Parsvnath Developers Ltd (PDL), which figured in the list of 331 “suspected shell companies,” on prima facie suspicion… Read more »