Parsv­nath arm in­sol­vency plea in NCLT

The Times of India (New Delhi edition) - - FRONT PAGE -

The Na­tional Com­pany Law Tri­bunal has ad­mit­ted an in­sol­vency pe­ti­tion filed by three home­buy­ers against Parsv­nath Land­mark De­vel­op­ers, a sub­sidiary of realty firm Parsv­nath De­vel­op­ers, for in­or­di­nate de­lay in the de­vel­op­ment of a hous­ing project the com­pany is de­vel­op­ing in the na­tional Cap­i­tal, apart from fail­ing to re­fund the pe­ti­tion­ers.

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