Tag: #National Company Law Tribunal

DHFL

DHFL administrator issued debt settlement- receives Rs 1.2 lakh crore claims from creditors.

December 21, 2019

The Dewan Housing Finance Corporation (DHFL) administrator allegedly issued total debt settlement demands of about Rs 1.2 lakh crore from creditors after the RBI referred debt settlement to the indebted Non-Banking Finance Company (NBFC). “The lenders have filed their claims including debenture holders, secured lenders and depositors. So far the amount is about Rs 1.2 […]

DHFL administrator issued debt settlement- receives Rs 1.2 lakh crore claims from creditors.more
Distressed Property Auctions

Last 3 years of NPA recovery resulted in 1.7 lakh seized properties.

December 4, 2019

In the last three financial years, in accordance with the laws on the recovery of non-performing assets of public sector banks more than 1.7 lakh properties which have a market value of Rs 2.3 lakh crore were taken over or confiscated, the government said Parliament on Monday. In response to the question in Lok Sabha, […]

Last 3 years of NPA recovery resulted in 1.7 lakh seized properties.more
Jaypee Infratech

Jaypee Infratech Home buyers are planning to end EMIs.

June 11, 2019

By Abhay Harish Shah, Realty Quarter No signs of the public sector enterprise can be seen getting through, even after the process of voting on the NBCC’s bid for Jaypee Infratech (JIL) has been completed on Monday. According to the sources, homebuyers have planned to stop paying the current EMIs (equated monthly installment) because many […]

Jaypee Infratech Home buyers are planning to end EMIs.more
Joint Venture

Shapoorji Pallonji and Ariisto Developers to join hands for redeveloping Goregaon Project.

April 24, 2019

By Abhay Harish Shah , Realty Quarter Mumbai’s well-known realtor Shapoorji Pallonji is at the final stage of talks with Ariisto Developers in order to set into a joint venture to develop a residential project of approximately 1 million square feet in the suburb of Mumbai city, Goregaon. Currently, Ariisto Developers has completed the project […]

Shapoorji Pallonji and Ariisto Developers to join hands for redeveloping Goregaon Project.more