Group Company Assets Can Be Considered in Holding Company’s CIRP in Earth Infra Case: Supreme Court
The Supreme Court of India on 06 May 2026 delivered a significant judgment protecting the interests of homebuyers in stalled real estate projects linked to Earth Infrastructure. The Court restored resolution plans approved earlier and criticized the Greater Noida Industrial Development Authority for delays and failure in performing its duties during insolvency proceedings. Background of the Case The dispute began during insolvency proceedings against Earth Infrastructures Limited under the Insolvency…
