NCLT admits Marvel Realtors under insolvency on IDFC First Bank plea – Economic Times
The bankruptcy court has admitted Marvel Realtors & Developers Ltd under the corporate insolvency resolution process (CIRP) and appointed Manoj Kumar Mishra as the interim resolution professional for the Pune-based realty firm. The Mumbai bench of the National Company Law Tribunal (NCLT) allowed the petition filed by companys lender IDFC First Bank to initiate the…