ARCL Organics: DRT-I Kolkata Disposes OA/86/2005 Post Settlement

ARCL Organics Ltd has received a Final Order from the Debts Recovery Tribunal-I, Kolkata, disposing of OA/86/2005. The order follows the company's settlement with its secured creditors, involving a payment of ₹8,22,94,500/- along with ₹21,95,394/- in interest. The Tribunal has confirmed the satisfaction of the Applicant Bank's claim as per the settlement agreement. The company considers this matter resolved and anticipates the release of its main land property from security/encumbrance.