Authum Investment & Infrastructure Ltd Receives NCLT Approval for Resolution Plan
Authum Investment & Infrastructure Limited, along with its consortium partner Cosmos Prime Projects Limited, has received approval from the National Company Law Tribunal (NCLT), Mumbai Bench, for a resolution plan concerning A A Estates Private Limited (AAEPL). The NCLT's order, dated October 27, 2026, grants approval to the resolution plan submitted under the Insolvency and Bankruptcy Code, 2016. This development follows a previous announcement made on January 29, 2026, and signifies a significant step in the resolution process for AAEPL.
Key Highlights
- NCLT approval received for resolution plan of A A Estates Private Limited.
- Authum Investment & Infrastructure is part of the successful resolution consortium.
- The approval is under the Insolvency and Bankruptcy Code, 2016.
- This marks a significant step in the corporate restructuring process.
Price Impact
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