Acquisitions8 April 2026 at 09:12 am
CIAN Agro Industries Receives NCLT Order Approval for Shubhada Tool Industries
AI Summary
CIAN Agro Industries and Infrastructure Limited has received the certified copy of the order from the National Company Law Tribunal (NCLT) Mumbai Bench. The order approves the Resolution Plan submitted by CIAN Agro Industries in the matter of Shubhada Tool Industries Private Limited, which was under the Insolvency and Bankruptcy Code (IBC) process.
Key Highlights
- CIAN Agro Industries has received the certified copy of the NCLT order for the approval of the Resolution Plan submitted for Shubhada Tool Industries.
- The order was pronounced by the NCLT Mumbai Bench.
- Shubhada Tool Industries was under the IBC process.
- CIAN Agro Industries is requested to place this information on records.