Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure…
As filed · Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 (The 'Listing Regulations') Regarding Receipt Of Petition A
What happened
FactIntimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 (The 'Listing Regulations') Regarding Receipt Of Petition Admission Order From Hon'Ble National Company Law Tribunal, Mumbai Bench ('NCLT'). Company Law Tribunal, Mumbai Bench (“NCLT”) vide its order dated April 30, 2025, admitted the. The said NCLT order is made available at the Company’s website www.allcargogati.com.
Why it matters
CapitSignal interpretationOnce an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
Watch next
Fact- Admission or rejection of the application by the tribunal
- Appointment of a resolution professional
- Claims admitted against the company
Evidence
How CapitSignal classified this
- Reasoning:
- INSOLVENCY base 93; +5 quantified amount; explicit insolvency/default evidence present; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%