Authum Investment & Infrastructure Ltd.AIILDeterioratingCriticalmateriality 98 out of 100
Updates on NCLT order in relation to Acquisition of Vaz Investment & Infrastructure Limited
Update 1 of 2 in a matter ongoing since
Distressinsolvency
As filed
Authum Investment & Infrastructure Limited has informed the Exchange about Updates on NCLT order in relation to Acquisition of Vaz Investment & Infrastructure Limited
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.