NCLT clears Lavasa private hill station's sale for Rs. 1,800cr
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In a major development, the National Company Law Tribunal (NCLT) has reportedly given its nod to a revised Rs. 1,814cr insolvency resolution plan by Darwin Platform Infrastructure Limited (DPIL) for the revival of the private Lavasa hill city project in the Pune district of Maharashtra. The order approving the DPIL resolution plan on Friday came after the lenders voted in favor of the same.