Legal5 Sept 2026, 07:40 pm
Galaxy Supermarket Ltd: NCLT Dismisses Case Filed by NuFuture Digital
AI Summary
Galaxy Supermarket Ltd announced that the National Company Law Tribunal (NCLT), Mumbai, has dismissed and disposed of an interlocutory application filed by the Resolution Professional of NuFuture Digital (India) Limited. The application sought reversal of alleged preferential repayment made by NuFuture to Galaxy Supermarket. The NCLT passed its order on September 4, 2026. The company will consider further legal steps if any appeal is filed.
Key Highlights
- NCLT dismissed interlocutory application against Galaxy Supermarket.
- Case involved alleged preferential repayment by NuFuture Digital.
- Company to monitor for potential appeals.
- Legal proceedings have been concluded by the NCLT.
Price Impact
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