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According to the Rs 3,965.06-cr resolution plan by Sanghi, Rs 50 cr would be paid upfront, followed by Rs 75 cr over the next 12 months and the remaining in staggered payments over the next in 15 years.

Jyoti Structures goes to Sharad Sanghi

Sanghi's resolution plan was voted by 62.66 per cent of lenders, while 23.12 per cent voted against, and 14.21 per cent...

28 March 2019 12:55 AM IST

NCLAT has upheld the previous order of the Chandigarh bench of NCLT, which had imposed a cost of Rs 1 lakh on Liberty House citing casual approach.

NCLAT sets aside Jyoti Structures liquidation, asks NCLT to consider...

"The case is remitted to NCLT, Mumbai to approve the plan..." said NCLAT in its order.

24 March 2019 4:52 PM IST