The NCLT protected HDIL's rights over a 73-acre property in Hyderabad amid insolvency proceedings initiated in 2019. The tribunal found that new agreements executed during the moratorium violated HDIL's rights. It has mandated that no third-party rights can be created on the property until a resolution plan is approved.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.