NCLT (national company law tribunal)

Piramal Capital withdraws insolvency proceedings against Reliance Power

Reliance Power, in a stock exchange disclosure, has informed that the Piramal Capital and Housing Finance has withdrawn the application made against Reliance Power Ltd. under section 7 of the Insolvency and Bankruptcy Code 2016.

Business

Surge in insolvency cases at NCLT mounts home buyers’ troubles

Currently, cases linked to more than 70 builders of western Uttar Pradesh -- affecting over 50,000 flat buyers, are at NCLT, in which the tribunal has also appointed the IRP. Out of these 70 builders, over a dozen are from Greater Noida West.

NCLT (national company law tribunal)

Piramal Capital withdraws insolvency proceedings against Reliance Power

Surge in insolvency cases at NCLT mounts home buyers’ troubles

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