Tribunal approves Serene Residency project resolution plan

Nclt Resolution ApprovedRegulatory & Legal View source PDF Explain this filing

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AI summary

The National Company Law Tribunal, New Delhi Bench II, approved the resolution plan for the Serene Residency Group Housing Project in Sector ETA-II, Greater Noida on 6 October 2025. The written order is awaited. The company remains under insolvency proceedings, with its affairs managed by a resolution professional.

Likely market impact

May reduce project uncertainty and support completion. The share price impact is unclear as the company remains under insolvency proceedings.