Lodha Group-owned Macrotech Developers is paying around Rs 890 crore to acquire the hotel property in Juhu, an affluent suburb in western Mumbai. The bankrupt hotel company had admitted liabilities of over Rs 2,500 crore. Financial lenders of V Hotels had in June 2023 approved Macrotechs resolution plan with all voting in its favour.
The Maratha quota is an old and emotive issue in Maharashtra, which sends 48 MPs to Lok Sabha. Earlier attempts at reservation have failed judicial scrutiny. The quota is a crucial election issue.
Unless some mysterious social collapse in last 36 months, can t see how Maratha termed socially backward: Senior advocate to Bombay HC | Mumbai News indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Maratha community does not need quota, it is not backward: Petitioner tells Bombay HC thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Bombay High Court: It is not an isolated incident, said a division bench of Justices Gautam Patel and Kamal Khata on Thursday. The bench said it sees again and again, a development real estate company under the Corporate Insolvency Resolution Process (CIRP).