{"id":18260,"date":"2026-05-03T13:51:33","date_gmt":"2026-05-03T13:51:33","guid":{"rendered":"https:\/\/www.realestate.thehonanews.co.in\/?p=18260"},"modified":"2026-05-03T13:51:33","modified_gmt":"2026-05-03T13:51:33","slug":"nclt-approves-mantra-properties-buyout-of-mulund-project","status":"publish","type":"post","link":"https:\/\/www.realestate.thehonanews.co.in\/?p=18260","title":{"rendered":"NCLT approves Mantra Properties buyout of Mulund project"},"content":{"rendered":"<p> <br \/>\n<br \/>The company entered corporate insolvency resolution process (CIRP) in July 2023 on a plea by Beacon Trusteeship Ltd. It has two secured creditors-Beacon Trusteeship with Rs 902 crore and 60.54% committee of creditors share, and Assets Care and Reconstruction Enterprise Ltd with Rs 589 crore and a 39.46% share.<br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/realty.economictimes.indiatimes.com\/news\/regulatory\/mantra-properties-secures-mulund-project-buyout-amid-nirmal-lifestyle-bankruptcy\/130732840\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company entered corporate insolvency resolution process (CIRP) in July 2023 on a plea by Beacon Trusteeship Ltd. It has two secured creditors-Beacon Trusteeship with Rs 902 crore and 60.54% committee of creditors share, and Assets Care and Reconstruction Enterprise Ltd with Rs 589 crore and a 39.46% share. Source link<\/p>\n","protected":false},"author":1,"featured_media":18261,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-18260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"_links":{"self":[{"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=\/wp\/v2\/posts\/18260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18260"}],"version-history":[{"count":0,"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=\/wp\/v2\/posts\/18260\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=\/wp\/v2\/media\/18261"}],"wp:attachment":[{"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestate.thehonanews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}