Nila Infrastructures gets NCLT’s nod for Scheme of Arrangement

Nila Infrastructures has received an approval from the National Company Law Tribunal (NCLT), Bench at Ahmedabad for the Scheme of Arrangement between the company and Nila Spaces and their respective shareholders and creditors (Scheme).

Nila Infrastructures (NILA) is a growing entity in the real estate and urban infrastructure space. The company has been engaged in turnkey civic infrastructure constructions, besides the development and marketing of residential real estate schemes.