NCLT Rejects Resolution Plan Submitted by Authum Investment & Infrastructure Limited for Vas Infrastructure Ltd.
The National Company Law Tribunal (NCLT), Mumbai Bench, has rejected the resolution plan put forth by Authum Investment & Infrastructure Limited concerning Vas Infrastructure Ltd. The order was pronounced on July 7, 2026, in connection with a case before the tribunal.Following the ruling, the application for approval of the Resolution Plan stands dismissed.
Vas Infrastructure Ltd., which is currently undergoing Corporate Insolvency Resolution Process (CIRP), has been informed of the decision. The company stated that it will take all necessary steps in accordance with the provisions of the Insolvency and Bankruptcy Code, 2016 and applicable regulations.
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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.