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Insolvency plea: NCLT issues notice to SP Group
Mint Hyderabad
|April 02, 2025
The National Company Law Tribunal (NCLT)-Mumbai on Tuesday issued a notice to real estate giant Shapoorji Pallonji & Co. Pvt. Ltd (SPCPL), seeking its response to an insolvency plea over an alleged default of ₹2.72 crore.
Chennai-based Intertouch Metal Buildings Pvt. Ltd, a roofing and cladding firm, has pleaded that it hasn't received payments for its work since October 2022. The firm requested the NCLT to initiate insolvency proceedings against Shapoorji Pallonji and appoint an interim resolution professional.
Cette histoire est tirée de l'édition April 02, 2025 de Mint Hyderabad.
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