NCLT ApprovesĀ  Resolution PlanĀ  for Lavasa Corporation to takeover by Darwin Platform Infrastructure

NCLT - NCLT Approves Resolution Plan - Resolution Plan - NCLT Approves Resolution Plan for Lavasa Corporation - taxscan

In a recent ruling , the National Company Law Tribunal(NCLT ) approved the resolution plan to sell the bankrupt Lavasa Corporation to Darwin Platform Infrastructure. The Darwin Platform infrastructure will take over the company with Rs 1,864 crore offer to the lenders in  the insolvency process. Lavasa Corporation, a subsidiary of HCC, was building a…

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