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The Economic Times

Economy / The Economic Times

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NCLT clears Hotel Horizon resolution; NCLAT bars equity creation for now

The National Company Law Tribunal has approved the acquisition of Hotel Horizon by a consortium including Oberoi Realty. This follows the company's admission of liabilities. The successful bidder's plan offers a significant recovery for lenders. However, the NCLT order has been challenged at the NCLAT, which has put a stay on further actions pending its final ruling.

9 Feb 2026 11:21 pm