CFM Asset Reconstruction Private Limited

CFM Asset Reconstruction Private Limited is aggressively pursuing debt recovery through India's insolvency and bankruptcy code, initiating proceedings against multiple entities within the Saamag group and Pyramid Realtors for a combined ₹504.8 crore. The National Company Law Tribunal (NCLT) has directed these companies to respond to the petitions within a week, highlighting CFM ARC’s assertive approach to recovering assigned term loans. These actions signal increased scrutiny of real estate developers facing financial distress and underscore the growing role of asset reconstruction companies in resolving non-performing assets, potentially impacting the credit profiles of related businesses and the broader real estate sector.