Authum Investment & Infrastructure Limited has received approval from the Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench, for a resolution plan concerning its subsidiary, A A Estates Private Limited. The plan was submitted by a consortium including Cosmos Prime Projects Limited and Authum Investment. This approval marks a critical step in the corporate insolvency and resolution process for A A Estates, which has CIN U70100MH1996PTC101183.
NCLT Approves Resolution Plan for Subsidiary
Authum Investment & Infrastructure Limited announced that the Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench, has granted its approval for a resolution plan concerning A A Estates Private Limited. This development follows an order dated October 27, 2026, related to the Insolvency and Bankruptcy Code, 2016.
Consortium-Led Resolution Plan
The approved resolution plan was submitted by a consortium comprising Cosmos Prime Projects Limited and Authum Investment & Infrastructure Limited. The plan is intended for A A Estates Private Limited, a company incorporated under the Companies Act, 1956, with corporate identification number (CIN) U70100MH1996PTC101183. This signifies a crucial stage in the resolution process for the subsidiary.
Source: BSE
