https://www.taxtmi.com/caselaws?id=784905 Financial creditor demonstrated debt and default under loan and settlement agreements, exceeding statutory threshold, justifying initiation of CIRP. The CIRP and moratorium were held to be confined to those projects and assets expressly secured under the loan documents (Mother City Lucknow, Mother City Extension including Sushant Golf City, and specified Ajmer, Jodhpur and Jaipur assets), and not to all projects of the corporate debtor. The insolvency process must proceed on a project-wise basis with the Adjudicating Authority to determine the mode and manner of resolution for the specified projects, safeguarding allottee/homebuyer interests and focusing on revival and completion. en-us Wed, 07 Jan 2026 00:00:00 +0530 Fri, 09 Jan 2026 18:16:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784905 Financial creditor demonstrated debt and default under loan and settlement agreements, exceeding statutory threshold, justifying initiation of CIRP. The CIRP and moratorium were held to be confined to those projects and assets expressly secured under the loan documents (Mother City Lucknow, Mother City Extension including Sushant Golf City, and specified Ajmer, Jodhpur and Jaipur assets), and not to all projects of the corporate debtor. The insolvency process must proceed on a project-wise basis with the Adjudicating Authority to determine the mode and manner of resolution for the specified projects, safeguarding allottee/homebuyer interests and focusing on revival and completion. Case-Laws IBC Wed, 07 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784905