Residents of Mumbai's World Crest Towers drag developer Lodha Group to bankruptcy court
Residents of Mumbai’s World Crest Towers drag developer Lodha Group to bankruptcy court May 24, 2021 × The World Crest society has, in its filing to the National Company Law Tribunal, said that Macrotech has failed to clear its dues of ₹7.2 crore Residents of Mumbai-based World Crest World Towers, India’s tallest residential complex, have initiated bankruptcy proceedings against Macrotech Developers (erstwhile Lodha Group), which is among the country’s largest real-estate companies. The World Crest society has, in its filing to the National Company Law Tribunal (NCLT), said that Ma...
Source: thehindubusinessline.com