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NCLT admits insolvency plea against Precision Realty Developers

October 24, 2023
The financial creditor had moved the bankruptcy court against the property developer following a default of nearly Rs 119 crore. In February 2017, L&T Finance had sanctioned a loan of Rs 200 crore in favour of the original borrowing entity Kaa Vee Retail Infra, which was later merged with Precision Realty Developers.
United States Yash Dhruva Nishit Dhruva Precision Realty Precision Realty Developers Phoenix Asset Reconstruction Company
Source: indiatimes.com

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