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NCLT OKs Shree Naman Developers' resolution plan for Neptune Developers

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NCLT OKs Shree Naman Developers' resolution plan for Neptune Developers

This story was originally published at 19:38 IST on March 25, 2025  Back
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The Mumbai bench of the National Company Law Tribunal on Tuesday approved Shree Naman Developers Pvt. Ltd.'s INR 3.91-billion resolution plan, including allotment of units to homebuyers, for debt-ridden Neptune Developers Ltd. The order comes as relief for more than 3,500 homebuyers who were suffering for the last two years.

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