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NCLT admits insolvency plea against Mumbai s Four Care Hospital

Mumbai s NCLT admits Four Care Hospital for Corporate Insolvency Resolution Process under application by Standard Chartered Bank while the tribunal has appointed Rajan Garg as resolution professional. Promoter availed loan from DHFL, later acquired by Standard Chartered Bank.

legalpay: Litigation funding platform, LegalPay announces exit from Gurgaon real estate project

The interim financier based in Delhi-NCR has achieved a successful exit from its investment in SARE Gurugram Pvt Limited (Sare Gurugram) within 11 months. In August, 2022, the financier had provided interim finance to the debt-laden real estate company.

9Unicorns-backed LegalPay marks second exit from insolvency financing

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