Darwin Platform Group News Today

Credit Suisse, Axis Bank drag Reliance Capital, administrator to NCLT : Rashtra News #Credit #Suisse #Axis #Bank #drag #Reliance #Capital #administrator #NCLT Two lenders to Reliance Capital (RCap) – Credit Suisse and Axis Bank – have dragged the debt-laden firm and the RBI-appointed administrator to the National Company Law Tribunal (NCLT), seeking recovery of debts worth

Following mid-day’s reports about a shady company’s fake case against city couple, Enforcement Directorate raids nine locations linked to firm, spread across

The public sector lender contended for maximisation of the assets and submitted if a fresh process and fresh valuation were done, Lavasa Corporation would achieve more value.

Lavasa is located in the Mulshi valley of the Sahyadri ranges of the Western Ghats; spread over 20,000 acres, Lavasa was the first privately developed city

The Ajay Harinath Singh-owned conglomerate aims to bring the Lavasa project back to life after years of hindrances.

Sitting on the pretty Mulshi valley of the Sahyadri mountains in the Western Ghats, about 180 km away from Mumbai, Lavasa covers a massive area of 20,000 acres.

Indian businessman Ajay Harinath Singh's Darwin Platform Infrastructure has also participated in the bidding process to acquire Anil Ambani's Reliance Capital

In 2022, Ajay Harinath Singh had also joined the race to buy debt-ridden Anil Ambani firm Reliance Capital. His company will now revive Lavasa.

Get latest articles and stories on Latest News at LatestLY. The National Company Law Tribunal has approved a Rs 1,814 crore resolution plan for the private hill station Lavasa, nearly five years after the initiation of the insolvency resolution process. Latest News | NCLT Approves Rs 1,814 Cr Resolution Plan for Lavasa; Darwin Platform Winning Bidder.

Darwin Platform Infrastructure Ltd (DPIL) has emerged as the winning bidder for Lavasa Corporation Ltd, which is primarily into the business of the development of the private hill station by the same name in Pune. In a 25-page order passed on Friday, the tribunal cleared the resolution plan at an investment of Rs 1,814 crore.