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SC refuses to stay Adani Goodhomes resolution plan for Radius Estates

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SC refuses to stay Adani Goodhomes resolution plan for Radius Estates

This story was originally published at 16:31 IST on September 6, 2024  Back
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The Supreme Court today refused to stay the implementation of Adani Goodhomes Pvt Ltd's resolution plan for debt-ridden Radius Estates & Developers Pvt Ltd. The apex court issued a notice to the resolution professional of Radius Estates and other parties related to the case on a challenge by its dissenting creditor Beacon Trusteeship Ltd, which said the plan gave a 93% haircut to its claim.

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