NCLT approves Rs 103 crore resolution plan for NIIL Infrastructures
Sun, Nov 15, 2020 9:52 PM

NCLT approves Rs 103 crore resolution plan for NIIL Infrastructures

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The National Company Law Tribunal (NCLT) has approved a Rs 103-crore bid to acquire debt-ridden NIIL Infrastructures, which is developing a housing project in Agra, Uttar Pradesh. A two-member Principal bench of NCLT, headed by Acting President BSV Prakash Kumar, has approved the Rs 103.18 crore resolution plan by a consortium of Rishabh Verma and Shilendra Khirwar along with N-Homes.

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