News Update… Supreme Court Waives NOIDA Time-Extension Penalty Charges in Homebuyer CIRP Case 6 Sep 2026 Background Granite Gate Properties Pvt. Ltd. took two plots on perpetual lease from NOIDA for high-rise residential projects — Lotus Boulevard (Sector 100) and Lotus Panache (Sector 110). The developer…
News Update… Supreme Court Clarifies: DRT Recovery Certificate Not Equivalent to Decree for Issuing Insolvency Notice Under Presidency Towns Insolvency Act 13 Jul 2026 The Supreme Court has held that a recovery certificate issued by a Debts Recovery Tribunal (DRT) under the Recovery of Debts and Bankruptcy Act, 1993 (pre-2016 amendment) cannot form the…
