ARSS Infrastructure Projects informs about updates.

Saved in:
Bibliographic Details
Title: ARSS Infrastructure Projects informs about updates.
Source: Ace Analyser: Company News. 9/3/2025, pN.PAG-N.PAG. 1p.
Subject Terms: *RESOLUTION plans, *CORPORATION law, *COMMITTEES, *INFRASTRUCTURE (Economics), *BUSINESS announcements
Abstract: The article focuses on the approval of a resolution plan for ARSS Infrastructure Projects by the National Company Law Tribunal (NCLT). On August 29, 2025, the NCLT orally pronounced the order approving the plan submitted by Ocean Capital Market Limited (OCML), designated as the Successful Resolution Applicant (SRA). The resolution plan will be implemented by OCML and its affiliates under the supervision of a Monitoring Committee, and the Resolution Professional will be discharged from duties effective from the date of the order. This information is part of the company's filings to the Bombay Stock Exchange (BSE). [Extracted from the article]
Copyright of Ace Analyser: Company News is the property of Accord Fintech Pvt. Ltd. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Business Source Index
Description
Abstract:The article focuses on the approval of a resolution plan for ARSS Infrastructure Projects by the National Company Law Tribunal (NCLT). On August 29, 2025, the NCLT orally pronounced the order approving the plan submitted by Ocean Capital Market Limited (OCML), designated as the Successful Resolution Applicant (SRA). The resolution plan will be implemented by OCML and its affiliates under the supervision of a Monitoring Committee, and the Resolution Professional will be discharged from duties effective from the date of the order. This information is part of the company's filings to the Bombay Stock Exchange (BSE). [Extracted from the article]