NCLT Passes Reserved Order in Corporate Insolvency Resolution Process for A.F. Enterprises Ltd
The National Company Law Tribunal (NCLT) has passed a reserved order concerning the Corporate Insolvency Resolution Process (CIRP) initiated against A.F. Enterprises Ltd. The resolution process is being conducted under Section 7 of the Insolvency and Bankruptcy Code, 2016.The matter pertains to M/s. Findoc Finvest Pvt. Ltd., who has been named as the Applicant, versus M/s. AF Enterprises Ltd. as the Respondent. The order was delivered by the NCLT on June 10, 2025.
The case details and associated parties were heard in a hybrid setting (physical and VC) before the Hon'ble Member (Technical), Ms. Anu Jagmohan Singh, with Justice Jyotsna Sharma of the Hon'ble Member (Judicial) present.
Key details related to the CIRP matter are as follows:
| Detail | Information |
|---|---|
| Company | M/s. AF Enterprises Ltd. (Respondent) |
| Applicant | M/s. Findoc Finvest Pvt. Ltd. |
| Process | Corporate Insolvency Resolution Process (CIRP) |
| Governing Law | Section 7 of the Insolvency and Bankruptcy Code, 2016 |
| NCLT Case Numbers | IB-537/ND/2023 1A/2929/2025, IA/3731/2025 |
During the proceedings, Learned Counsel for the Resolution Professional (RP) was heard. The matter has been reserved by the Tribunal for final orders.
Stock Price Movement
A.F. Enterprises Ltd shares settled at ₹1.80 on Friday, surging 3.45% in the post-market session. The stock moved throughout its intraday range, trading between a low of ₹1.70 and a high of ₹1.80.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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