Legal12 Oct 2026, 01:25 pm
Starlite Components Ltd: NCLT Allows Amendment to Resolution Plan
AI Summary
Starlite Components Ltd has received a significant order from the National Company Law Tribunal (NCLT), Mumbai Bench. The NCLT has partially allowed the company's application to amend its Resolution Plan. This amendment is crucial for facilitating compliance with Rule 19A(5) of the Securities Contracts (Regulation) Rules, 1957. The company is now undertaking the necessary steps to implement the NCLT's order and complete the consequential compliances.
Key Highlights
- NCLT order partially allows amendment to Resolution Plan.
- Amendment aims to comply with Securities Contracts (Regulation) Rules.
- Company is proceeding with necessary steps for implementation.
- Order facilitates regulatory compliance for the company.
Price Impact
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