Prior Intimation Consideration of Resolution Plan by Hon''ble National Company Law Tribunal (NCLT),Mumbai Bench in respect of M/s. Vas Infrastructure Ltd ( the Company / Corporate Debtor)
Awaiting price reaction for this filing.
Vas Infrastructure Ltd, which is currently under the Corporate Insolvency Resolution Process (CIRP), has informed the stock exchange that the NCLT Mumbai Bench (Court-II) will hear the Resolution Plan submitted by Authum Investment & Infrastructure Limited on April 21, 2026. The matter is listed as IA No. 41 of 2025 under the Insolvency and Bankruptcy Code (IBC), 2016. The filing was signed by the Resolution Professional, Ashok Kumar Golechha, confirming the company's ongoing insolvency status. No approval has been granted yet — this is a prior intimation of the upcoming hearing date.
Shareholders face continued uncertainty as the company's fate hinges on the NCLT's decision on the resolution plan. If approved, it could pave the way for revival; if rejected, liquidation remains a risk. The stock is likely to remain volatile around the April 21 hearing.