A.F. Enterprises to Challenge Insolvency Order in NCLAT

A.F. Enterprises Ltd has received an order for Corporate Insolvency Resolution Process (CIRP) admission by the Hon’ble National Company Law Tribunal (NCLT), New Delhi Bench. The company is aggrieved by the decision and plans to challenge it before the Hon'ble National Company Law Appellate Tribunal (NCLAT) or an appropriate forum, in accordance with the Insolvency and Bankruptcy Code, 2016 and other applicable laws. The company remains committed to protecting the interests of all its stakeholders and will communicate further developments as required under the applicable regulations.