Business Update27 Jun 2025, 09:57 pm
Housing Development and Infrastructure Ltd Gets NCLT Approval for Resolution Plans
AI Summary
Housing Development and Infrastructure Ltd has received approval from the National Company Law Tribunal (NCLT) for the Resolution Plans of Vertical V - Project BKC and Vertical IX - Shahad Maharal Lands submitted by Adani Properties Private Limited. The approval was given on 27th June, 2025, in continuation to the earlier disclosures where the Committee of Creditors approved the Resolution Plans for six Verticals/Projects. The order approving the Resolution Plans has been published on the website of the Hon’ble NCLT.
Key Highlights
- Housing Development and Infrastructure Ltd receives approval from NCLT for Resolution Plans.
- Resolution Plans for Vertical V - Project BKC and Vertical IX - Shahad Maharal Lands submitted by Adani Properties Private Limited approved.
- Approval given on 27th June, 2025.
- Order approving the Resolution Plans published on the website of the Hon’ble NCLT.
- Six Verticals/Projects' Resolution Plans approved by the Committee of Creditors.