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The ruling additionally assumes significance as that’s the one order handed by the authority against Lavasa before the NCLT admitted a plea filed by its collectors, who had initiated the company insolvency resolution course of beneath the Insolvency and Chapter Code 2016 (IBC). You possibly can revenue moderately so much in land improvement since you solely bought lands and vacant heaps at very low-value prices. You only have to spend one thousand’s to develop the property, construct houses and buildings. You moreover incurred much less in buying raw supplies because they’re bought on complete sale basis. As soon as the event is finished, you …

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