Ballarpur Industries Limited Annual Compliance Report Highlights Ongoing Resolution Process
On May 30, 2026, the Annual Secretarial Compliance Report for Ballarpur Industries Limited was issued, covering the financial year ended March 31, 2026. The report reflects the operational and compliance context of the Company amid its ongoing Corporate Insolvency Resolution Process (CIRP).The Company's CIRP was initiated by the National Company Law Tribunal (NCLT), Mumbai bench, following an application made by Finquest Financial Solutions Private Limited (FFSPL) under the Insolvency and Bankruptcy Code, 2016. The NCLT issued the Insolvency Commencement Order dated January 17, 2020, which suspended the powers of the erstwhile Board of...