NCLAT stays CIRP admission order for Teerth Gopicon
TGL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.4 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
NCLAT has stayed the operation of the 10 August 2026 NCLT order that admitted Teerth Gopicon into insolvency. Two directors had appealed, arguing the operational debt was below the 1 crore rupee threshold required under Section 4 of the IBC. The matter is listed for next hearing on 23 November 2026. Stay is interim and financial impact on the company is not yet ascertainable.
Insolvency process temporarily halted, giving the company more time. Final outcome depends on the 23 November 2026 hearing, so uncertainty remains.