Story thread · 2 reports / 2 sources
NCLT approves Shree Naman's ₹1,800-cr offer for Gstaad & Neo Hotels in rare full-recovery bankruptcy deal
businesstoday.in · 8d
The tribunal dismissed shareholder objections to the resolution plan and clarified that any residual funds remaining after fully settling the claims of financial and operational creditors will accrue to the shareholders.
First report: NCLT okays bid for Gstaad, Neo Hotels — economictimes.indiatimes.com, 8d
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