IZMO Ltd. News and Updates

Keep track of all breaking news on IZMO Ltd. from all sources in a single place.

13 Sep 2025

1056.85

5.00%

NCLAT upholds order recalling insolvency case against Logix Infra

Business Standard

Appellate tribunal NCLAT has upheld the decision of the National Company Law Tribunal (NCLT) to recall a previous ruling for an insolvency case against real estate firm Logix Infrastructure after finding the debt claim as "fraudulent" and "malicious". A two-member NCLAT bench said the plea for CIRP (Corporate Insolvency Resolution Process) against Logix Infrastructure, which was developing the Blossom County project in Noida Sector 137, are based on collusion and are malicious with sufficient material. "In the facts and circumstances of the case, we do not find any infirmity in the orders of the adjudicating authority (NCLT) allowing the Section 65 application filed by the Respondents. For the reasons noted herein, we find that reversing of Section 7 proceedings doesn't amount to a review in the guise of a fresh determination," the bench said. Section 65 of the Insolvency & Bankruptcy Code (IBC) allows the NCLT to set aside the insolvency proceedings filed with a malicious intent .

IZMO Ltd. has gained 130.90% in the last 1 Year

IZMO Ltd.

09 Feb 2025

1056.85

5.00%

NCLT recalls insolvency order against Logix Infra, cites 'fraudulent and mala fide' intentions

Business Line

NCLT has recalled and set aside its own order directing insolvency proceedings against realty firm Logix Infrastructure, saying the plea was initiated with "fraudulent and mala fide intentions" and a collusive petition was filed by the financial creditor

IZMO Ltd. has gained 130.90% in the last 1 Year

NCLT recalls insolvency order against Logix Infra, cites 'mala fide' intent

Business Standard | 09 Feb 2025

IZMO Ltd.

05 Jul 2024

1056.85

5.00%

WATCH: Fire erupts at Noida's popular Logix mall, scary videos emerge

Business Standard

A video from inside the mall shows smoke billowing everywhere, with some employees of private establishments still inside

IZMO Ltd. has gained 159.03% in the last 1 Month

IZMO Ltd.

26 Feb 2024

1056.85

5.00%

IZMO Consolidated December 2023 Net Sales at Rs 50.21 crore, up 26.35% Y-o-Y

Moneycontrol

IZMO Ltd. has gained 210.11% in the last 3 Months

IZMO Ltd.

21 Nov 2023

1056.85

5.00%

IZMO Standalone September 2023 Net Sales at Rs 10.53 crore, up 20.98% Y-o-Y

Moneycontrol

IZMO Ltd. has gained 159.03% in the last 1 Month

IZMO Ltd.

04 May 2023

1056.85

5.00%

Noida Authority seals unsold flats, offices of builders over non-payment of dues

Moneycontrol

Developers against whom the action has been initiated include Gardenia Aims Developers Private Limited, Logix Infrastructure Private Limited and Gardenia Gateway India Limited.

IZMO Ltd. has gained 159.03% in the last 1 Month

IZMO Ltd.

15 Nov 2022

1056.85

5.00%

IZMO Consolidated September 2022 Net Sales at Rs 35.68 crore, up 18.66% Y-o-Y

Moneycontrol

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IZMO Ltd. has gained 210.11% in the last 3 Months

IZMO Ltd.

02 May 2022

1056.85

5.00%

Insolvency case | Appellate tribunal stays NCLT order against Logix Blossom Zest

Moneycontrol

The appeal against the NCLT order was filed by homebuyers.

IZMO Ltd. has gained 130.90% in the last 1 Year

IZMO Ltd.

19 Dec 2021, 04:12PM

1056.85

5.00%

How 3 companies snagged 80% of commercial plots in Noida. CAG report points to blatant official-corporate nexus

Moneycontrol

Wave, 3C and Logix Group did not even meet eligibility conditions. Yet, they secured the lion's share of allotment of land and today have overdues running up to Rs 14,958 crore and left homebuyers in the lurch.

IZMO Ltd. is trading above all available SMAs

IZMO Ltd.

18 Dec 2021

1056.85

5.00%

CAG report highlights nexus between Noida builders and officials, unchecked violation of rules by Authority

Moneycontrol

Three builders named Wave, Three C and Logix Group corner 80% of commercial projects between 2005 and 2018. Up to 63% of housing projects allotted by Noida authority were incomplete or partially completed, national auditor finds in scathing report.

IZMO Ltd. has gained 130.90% in the last 1 Year

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IZMO Ltd. News and Updates

Keep track of all breaking news on IZMO Ltd. from all sources in a single place.