Tag: Emaar
MGF owner Shravan Gupta accused of money laundering and fraud can now be issued a lookout notice anytime. ....
In a significant development, NCLT has restrained MGF company headed by Shravan Gupta against creating any third party rights relating to a 3.65 Acres Gurgaon prime property. MGF had sought transfer of development rights to itself, based on demerger order. NCLT has forbidden MGF aginst creating any such rights. ....
Emmar India Limited, previously known as Emaar MGF land Limited has issued a public notice, thereby cautioning common public, not to deal with MGF group regarding okhala land. NCLT proceedings are at advanced stage for this very piece of land and this is going to have direct bearing on Okhla land. ....
Emaar India Limited, a subsidiary of world renowned global real estate company Emaar Properties, Dubai, recently cautioned public against dealing with MGF Group, its promoter Mr. Shravan Gupta, and associates, in respect of a land parcel in Okhla, Delhi. This land was valued at nearly INR 5 billion in 2008 and may be currently valued much higher. ....
Emaar India has approached the District Administration at Mohali (SAS Nagar), Punjab with a request to restrain MGF Developments Limited and its associates and affiliates and its promoters and directors from creating any third-party rights, title and/or interest on land parcels in total admeasuring 603.35 Acres approx. in Mohali (SAS Nagar), Haryana. Emaar India has referred to an order passed by an ICC Arbitral Tribunal, directing that 'no transaction of any kind be undertaken in respect of the land parcels mentioned...until the passing of an....
Emaar India has approached the District Administration at Gurugram (Gurgaon) with a request to restrain MGF Group and its associates and affiliates and its promoters and directors from creating a third-party rights, title and/or interest on land parcels in total admeasuring 63.4 Acres approx. in Gurugram (Gurgaon), Haryana. Emaar India has referred to an order passed by an ICC arbitral tribunal, directing that 'no transaction of any kind be undertaken in respect of the land parcels mentioned...until the passing of an arbitral award". ....