Business · 1 sources covering this

NCLT okays bid for Gstaad, Neo Hotels

Mumbai: The bankruptcy court in Mumbai has approved Shree Naman Developers' plan to acquire Deepak B Raheja Group-owned Gstaad Hotels and Neo Capricorn Plaza for a combined price of ₹1,800 crore through resolution plans. The buyer has proposed to pay ₹1,611 crore for Gstaad Hotels, which owns JW Marriott Hotel in Bengaluru, and ₹189 crore for Neo Capricorn Plaza, which owns Hotel Crowne Plaza in Pune, according to the orders issued by the Mumbai bench of the National Company Law Tribunal (NCLT)…

Share:WhatsApp X Reddit Facebook LinkedIn

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

Economic TimesLean R·1h ago
NCLT okays bid for Gstaad, Neo Hotels
Mumbai: The bankruptcy court in Mumbai has approved Shree Naman Developers' plan to acquire Deepak B Raheja Group-owned Gstaad Hotels and Neo Capricorn Plaza for a combined price of ₹1,800 crore through resolution plans. The buyer has proposed to pay ₹1,611 crore for Gstaad Hotels, which owns JW Marriott Hotel in Bengaluru, and ₹189 crore for Neo Capricorn Plaza, which owns Hotel Crowne Plaza in Pune, according to the orders issued by the Mumbai bench of the National Company Law Tribunal (NCLT)…
Read at Economic Times →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/2659c6dd0af8e96c90b1969e12d601fa2eba1a50"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="NCLT okays bid for Gstaad, Neo Hotels"></iframe>

NCLT okays bid for Gstaad, Neo Hotels

How 1 sources are covering this

NCLT okays bid for Gstaad, Neo Hotels

More from Business

China to pump $54 billion into state banks, insurers

Busy week ahead: Companies set to raise Rs 7.2k crore via IPOs

US denies Iran's claim of strike on American vessel near Strait of Hormuz

India-China Corps Commanders meet in Arunachal

Reader

Trust & legal

Across the network