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Ansal Properties wins court battle to avoid bankruptcy

By Swet Sarika

  • 14 Aug 2020
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Ansal Properties wins court battle to avoid bankruptcy
Credit: Thinkstock

Delhi-based realty firm Ansal Properties and Infrastructure Ltd has received a favourable verdict that will help it skirt insolvency proceedings. National Company Law Appellate Tribunal (NCLAT) has quashed an order issued by a lower court directing the initiation of bankruptcy proceedings on a plea by two home buyers. As part of ......

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