NCLAT relief for IL&FS Engineering in recovery case

The National Company Law Appellate Tribunal (NCLAT) granted relief to IL&FS Engineering and Construction Company (IECCL), part of the Infrastructure Leasing & Financial Services (IL&FS) group, by dismissing Terra Projects Pvt Ltd's application to modify its October 2018 order.

Terra Projects had requested the modification to commence recovery proceedings against IECCL for approximately Rs 1.5 billion, which stemmed from work completed under a contract between the two parties.

Yamuna Expressway toll rates to increase from October 1

Multi-axle trucks and oversized vehicles will have to pay the maximum toll.

Supertech plans to raise Rs 300 cr to expedite construction in Delhi-NCR

The firm revealed that it resumed construction in full swing at all of its projects

Suraksha Group to acquire Jaypee Infratech through insolvency

After NCLT's approval, it will begin construction of stalled projects