NCLT approves plan for AA Estates involving Authum and Cosmos
AIIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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On October 27, 2026, the Mumbai bench of the National Company Law Tribunal approved a resolution plan for AA Estates Private Limited under India's insolvency and bankruptcy rules. The plan was submitted by a consortium of Cosmos Prime Projects Limited and Authum Investment & Infrastructure Limited. The filing does not disclose Authum's funding, ownership share or expected financial benefit.
Authum's participation is approved, but no contribution, ownership share or expected gain was disclosed, so the effect on shareholder value is unclear.