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Legal

Insolvency proceedings start against Raheja Developers

Updated : September 08, 2019 03:07 PM IST

The National Company Law Tribunal (NCLT) has begun insolvency proceeding against the real estate firm Raheja Developers. As a part of the process, a public notice has been issued informing creditors to submit their claims against the NCR-based firm.
The NCLT admitted and initiated the insolvency proceedings following a plea by one of the flat buyers last month.
It has directed the previous management to provide all relevant documents in their possession and furnish all information.
Insolvency proceedings start against Raheja Developers
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