Appu Hotels out of insolvency process NCLT approves Appu Hotels Ltd.'s settlement proposal to creditors, allowing them to resume hospitality business in Chennai & Coimbatore. The Hindu · Dec 20, 2023
SC upholds NCLAT verdict setting aside M.K. Rajagopalan’s bid for Appu Hotels The Supreme Court on Wednesday upheld The National Company Law Appellate Tribunal (NCLAT) verdict setting aside the approval given to MGM Healthcare managing director M.K. Rajagopalan for making a ₹423-crore bid to take over Appu Hotels Ltd, which owns and operates Le Meridien in Chennai and Coimbatore. The Hindu · May 3, 2023
Tribunal sets aside nod given to MGM Healthcare MD‘s bid for Appu Hotels The National Company Law Appellate Tribunal (NCLAT), Chennai, has set aside the approval given to MGM Healthcare managing director M.K. Rajagopalan for making a ₹423-crore bid to take over Appu Hotels Ltd.. Appu Hotels owns and operates Le Meridien in Chennai and Coimbatore. The Hindu · Feb 17, 2022