Acquisitions29 Aug 2025, 11:11 am
OCML's Resolution Plan for ARSS Infrastructure Approved by NCLT
AI Summary
Pursuant to the pronouncement by the Hon'ble National Company Law Tribunal (Cuttack Bench) on 29-08-2025, the resolution plan submitted by Ocean Capital Market Limited (OCML) has been approved for ARSS Infrastructure Projects Ltd. This disclosure is being made as a matter of good governance since the formal written order is yet to be uploaded on the NCLT Portal.
Key Highlights
- OCML's resolution plan for ARSS Infrastructure approved by NCLT
- ARSS Infrastructure to be acquired by Ocean Capital Market Limited
- Disclosure made based on oral order, awaiting formal written order on NCLT Portal