Announced Thu, 20 Aug · 23:32 IST

NCLT approves Standard Capital's Resolution Plan for Ojas Tradelease

Nclt Resolution ApprovedRegulatory & Legal View source PDFExplain this filing

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AI summary

Standard Capital Markets Ltd received NCLT approval for its Resolution Plan for Ojas Tradelease and Mall Management Pvt Ltd under the Insolvency and Bankruptcy Code. The Mumbai Bench-I NCLT approved the plan on 18 August 2026, and the company received the order copy on 20 August 2026. Standard Capital acted as the Successful Resolution Applicant in the Corporate Insolvency Resolution Process. The company calls this a significant milestone in its resolution and investment activities.

Likely market impact

Positive for shareholders. Approval of the resolution plan strengthens the company's track record as a resolution applicant and supports its investment activities.