google-site-verification=2GeE3Sz4UudnlqvBff0NG8dPnRrz0y9xE4vH0HwPrm4 Geetanjali Home State | Best Real Estate Company in Gurgaon: NCLT approves Mantra Properties buyout of Mulund project

Sunday, May 3, 2026

NCLT approves Mantra Properties buyout of Mulund project

The company entered corporate insolvency resolution process (CIRP) in July 2023 on a plea by Beacon Trusteeship Ltd. It has two secured creditors-Beacon Trusteeship with Rs 902 crore and 60.54% committee of creditors share, and Assets Care and Reconstruction Enterprise Ltd with Rs 589 crore and a 39.46% share.

from Top Real Estate News | Latest Realty & Real Estate Industry Information and Updates: ET Realty : ETRealty.com https://ift.tt/ytbYnhJ
via IFTTT

No comments:

Post a Comment

IBBI tightens real estate insolvency rules to prioritise home delivery

India's insolvency regulator has implemented new rules to prioritize project completion and better homebuyer oversight. Independent asse...