Supreme Court Orders Status Quo in Rs 1,000 Crore Mumbai Slum Redevelopment Dispute; Directs NCLT to Expedite Oppression & Mismanagement Hearing
The Supreme Court of India modified an order of the National Company Law Appellate Tribunal (NCLAT) that had limited interim protection to merely one month in a high-stakes corporate dispute over a Rs 1,000-crore slum redevelopment project in Mumbai. Recognizing the imminent threat of asset alienation, the Court directed the parties to maintain a strict […]
