Prestige Estates NCLAT Modifies Interim Order on Resolution Plan

NCLAT modifies its interim order to specify that actions by the Resolution Applicant for Prestige Estates are subject to the appeal's outcome.
The Resolution Plan for Prestige Estates Projects Ltd. has been approved and is currently in the execution stage.
Respondents are granted two weeks to file a reply affidavit, with the next hearing scheduled for June 21, 2021.