Mumbai: NCLT Clears ₹730 Crore Revival Plan For Stalled Hotel Project In Kanjurmarg After SC Nod
Published on: April 25, 2026, 7:40 p.m. | Source: Free Press Journal
NCLT has approved a Rs 730 crore resolution plan to revive a stalled hotel project in Mumbai’s Kanjurmarg. Backed by Rare ARC and Check-Inn Hotels, the plan includes creditor payouts and fresh funding, ending years of litigation and clearing the way for project completion.
