NCLT Restrains Municipal Trespass on Real Value Promoters Assets

NCLT Chennai issued an interim order restraining Tambaram Municipal Authority and CMDA from trespassing on Corporate Debtor's assets.
The order protects 17.26 acres of land across 21 survey numbers, detailed in a comprehensive property table.
The case involves multiple Interlocutory Applications in the ongoing CIRP of Real Value Promoters Pvt Ltd (CP(IB)/577(CHE)/2020).
Further hearings for related applications are scheduled for 15.06.2026 and 25.06.2026.