Update on Pending Litigation
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Awaiting price reaction for this filing.
Cosmic CRF Limited has informed BSE about the latest NCLAT order in a case linked to the insolvency of Amzen Transportation Industries Ltd. Cosmic CRF is the applicant that filed a recall application in this matter. The NCLAT has given a final two-week window to Respondents No. 4 (Prudent ARC Ltd.) and No. 5 (UCO Bank) to file their replies, with no further adjournments. The next hearing is scheduled for December 17, 2025. Importantly, the interim relief granted in the earlier order of October 10, 2025 — which had been secured by Cosmic CRF — continues to remain in force until the next date of hearing.
The continuation of interim relief until the next hearing is a positive signal for Cosmic CRF as it preserves the company's legal position in the insolvency-related dispute. The matter remains pending with no final ruling yet, and shareholders should watch the December 17, 2025 hearing for a substantive outcome that could affect the company.