Clarification5 May 2026, 03:41 pm
Infra Industries: NCLAT Clarification Order on Shareholding
AI Summary
Infra Industries Ltd. announced that the Hon'ble NCLAT, New Delhi Bench, passed a clarificatory order on May 5, 2026, regarding Interlocutory Application No. 2117 of 2026 in Company Appeal (AT) (Insolvency) No. 592 of 2025. The order clarifies the interpretation of shareholding and amendment of the Resolution Plan filed by the successful resolution applicant, ensuring compliance with Regulation 19A of the Securities Contracts (Regulation) Rules, 1957. The clarification pertains to a previous order dated July 15, 2025, and the NCLAT has disposed of the Interlocutory Application with the directive.
Key Highlights
- NCLAT clarifies shareholding interpretation under resolution plan.
- Order ensures compliance with Regulation 19A of Securities Contracts Rules.
- Clarification relates to order dated July 15, 2025.
- NCLAT disposed of Interlocutory Application with directive.
- Clarificatory order uploaded on NCLAT website.
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