Ansal Properties Promoter Faces NCLT Insolvency Plea
26 Dec 2023 CW Team
In a significant development, the National Company Law Tribunal (NCLT) has admitted an insolvency plea against the promoter of Ansal Properties. This move adds to the challenges faced by the real estate giant, which has been grappling with a series of legal issues in recent times. The NCLT admission signals a critical phase in the ongoing legal battle, potentially impacting the financial stability and future projects of Ansal Properties.