Legal29 May 2026, 03:59 pm
Ushdev International: Liquidation Order Passed on 16.10.2025
AI Summary
On October 16, 2025, the Hon'ble NCLT, Mumbai, issued an order for the liquidation of Ushdev International Ltd under the Indian Bankruptcy Code 2016. The exchange was notified on October 27, 2025. The company is in the process of finalizing its accounts for the year ended March 31, 2026, which will reflect the impact of the liquidation order. The finalized accounts will be published upon completion.
Key Highlights
- NCLT Mumbai ordered Ushdev International's liquidation on 16.10.2025.
- Liquidation order is under Indian Bankruptcy Code 2016.
- Exchange was informed of the order on 27/10/2025.
- Finalisation of accounts for year ended 31.3.2026 is in process.
Price Impact
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