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As seen in: Realty Plus Magazine
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Articles by Radius Estates

Radius Estates & Developers To Be Acquired By Bridgeport Realtors

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By Radius Estates
| Realty Plus Magazine
The National Company Law Tribunal (NCLT) has approved the acquisition of Radius Estates and Developers by Bridgeport Realtors, a subsidiary of Adani Group entity Adani Goodhomes, through a scheme of amalgamation. This decision is a key step in implementing the resolution plan for Radius Estates, which has been under the corporate insolvency resolution process (CIRP) since April 2021.
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Adani Goodhome's Resolution Plan Moves Forward For Radius Estate Despite Legal Challenges

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By While The, Jayesh Sanghrajka, Piramal Capital, Radius Estates
| brickacres.in
9/7/2024 12:02:00 PM The Supreme Court on Friday declined to stay the resolution plan of Adani Goodhomes, a subsidiary of Adani Infrastructure and Developers, to acquire the insolvent real estate company Radius Estates. The bench, comprising Justices Sanjiv Khanna and Sanjay Kumar, issued a notice to Adani Goodhomes and other parties, including the dissenting creditor Beacon Trusteeship, which challenged the plan in the Supreme Court after it was upheld by the NCLAT.
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