Piramal Capital gets creditor status in Radius Project's 5.4-acre Mumbai Project

The National Company Law Tribunal ruled in favor of Piramal Capital & Housing Finance in a dispute over a 5.4-acre land parcel in Mumbai. The tribunal validated the financial claims by Piramal, resolving a legal battle involving J.C. Flowers Asset Reconstruction and confirming the legality of subsequent mortgages on the Avenue 54 project.