The bankruptcy court orders insolvency proceedings against Vatika

NEW DELHI: The bankruptcy court has ordered admission of a Gurgaon-based real estate developer under the corporate insolvency resolution process (CIRP) in an application filed by IDBI Trusteeship Services after the company defaulted on its debts of around Rs 274 crore.The Chandigarh bench of the National Company Law Tribunal (NCLT) has also appointed Jayant Prakash […]