Standard Capital Markets Ltd Receives NCLT Order Approving Resolution Plan

Standard Capital Markets Ltd announced that it has received an order from the National Company Law Tribunal (NCLT), Kolkata Bench, approving its Resolution Plan for Paymark Payment Technologies & Services Private Limited. The approval, effective from September 8, 2026, pertains to the Corporate Insolvency Resolution Process (CIRP) of Paymark Payment Technologies & Services Private Limited. Standard Capital Markets Ltd, acting as the Successful Resolution Applicant (SRA), will now proceed with the implementation of the approved plan as per the NCLT's directions. This marks a significant milestone in the company's resolution and investment activities.