NCLT Paves Way For Revival Of Stalled Mumbai Redevelopment Project

September 2, 2025: A housing redevelopment project in suburban Mumbai, stalled for nearly two decades due to mounting debt, is finally set for revival after the National Company Law Tribunal (NCLT), Mumbai bench, approved the resolution plan of Pune-based Mantra Properties & Developers Pvt. Ltd. On August 26, the bench comprising Justice Lakshmi Gurung and […]
NCLT Approves Pune Builder’s Resolution Plan, Paving Way For Mumbai Redevelopment Project Revival

August 30, 2025: A suburban Mumbai redevelopment project, stalled for nearly two decades due to mounting debt, is finally set for revival after the Mumbai Bench of the National Company Law Tribunal (NCLT) approved the resolution plan of Pune-based developer, Mantra Properties & Developers Pvt Ltd. On August 26, the bench comprising Justice Lakshmi Gurung […]