DV
Public post
Dewan Vakul Vinod Goyal
Sep 2026 • linkedin
Post excerpt
A ₹135-crore insolvency plan can fail before the asset is ever acquired. NCLAT has turned the commonly reported resolution plan for Gujarat Hydrocarbons and Power SEZ Ltd.’s 450-hectare Vilayat project into a legal reset. The project is held on leasehold terms involving Gujarat Industrial Development Corporation. The resolution plan relied on the assumption that the SEZ land could be converted to ordinary industrial use. That assumption was not adequately verified. The next bidder is not simply buying a company. I…
#Insolvency#IBC#CorporateGovernance#StressedAssets#UHNIAdvisory
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