Tag: #InvestmentDispute

SC Approves Auction of Samrudhhi Realty Assets to Recover Rs 5,000 Crore Debt.

August 22, 2024

The Supreme Court has given the green light to auction Samrudhhi Realty’s assets, aiming to recover a debt of approximately Rs 5,000 crore. The decision, handed down on Tuesday, authorizes the liquidator to proceed with the auction process. However, a bench led by Justice Abhay S Oka clarified that if any of the assets belonging […]

SC Approves Auction of Samrudhhi Realty Assets to Recover Rs 5,000 Crore Debt.more