Legal3 Nov 2026, 12:00 pm
Quadrant Televentures: NCLT Allows Resolution Plan
AI Summary
Quadrant Televentures Ltd has announced that the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench- I, has allowed its Resolution Plan on November 3, 2026. The company is awaiting the formal order from the NCLT. This development follows the submission of the Resolution Plan on August 27, 2026, for final approval under Section 31 of the Insolvency and Bankruptcy Code (IBC). Upon receipt of the order, Quadrant Televentures will upload it to the stock exchange.
Key Highlights
- NCLT Mumbai has approved Quadrant Televentures' Resolution Plan.
- Formal order from NCLT is still awaited.
- Plan was submitted for approval on August 27, 2026.
- Approval is under Section 31 of the IBC.
Price Impact
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