
Legal16 Sept 2026, 03:40 pm
Astron Paper Files Section 19(2) IBC Application
AI Summary
Astron Paper & Board Mill Ltd has informed the exchange about an application filed under Section 19(2) of the Insolvency and Bankruptcy Code, 2016 (IBC). The application was filed on July 10, 2026, before the National Company Law Tribunal (NCLT), Ahmedabad Bench. This application has been filed by the Resolution Professional to seek directions against concerned personnel for providing necessary assistance and cooperation for conducting the Corporate Insolvency Resolution Process (CIRP). The CIRP for the company commenced on May 11, 2026.
Key Highlights
- Application filed under Section 19(2) of IBC.
- Aimed at securing cooperation for CIRP.
- CIRP commenced on May 11, 2026.
- Filed before NCLT, Ahmedabad Bench.
Price Impact
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