BSEA.F. Enterprises LtdCriticalNegative
Announced Fri, 19 Jun · 19:04 IST

NCLT reserves order in CIRP matter against AF Enterprises

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

AF Enterprises has informed BSE that the NCLT New Delhi bench has passed a Reserved Order dated 10 June 2025 in the Corporate Insolvency Resolution Process (CIRP) under Section 7 of the IBC, filed by Findoc Finvest against the company. The company received the order copy on 19 June 2026. The bench heard counsel for the Resolution Professional on pending interlocutory applications and reserved the matter for final orders. CIRP proceedings were already underway. No final ruling has been pronounced yet.

Likely market impact

Procedural update in an ongoing insolvency case; CIRP was already initiated. Investors await the final NCLT ruling on pending applications, which could affect resolution timeline.