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24 Aug 20261 filing
CIRP withdrawal and governance
- NCLT order dated 06 Aug 2026 approved withdrawal of CIRP under IBC Section 12A.
- CIRP proceedings against AF Enterprises stand withdrawn; company released from CIRP.
- Management control reverts to the company; plan to resume management and operations.
- Takeover/hand-over from Resolution Professional Sumit Sharma per NCLT directions.
- Management to review pending statutory, regulatory, corporate, financial compliances and regularize records.
8 Aug 20261 filing
Key order details
- Authority: National Company Law Tribunal, Court VI, New Delhi Bench.
- Action: Withdrawal of CIRP under Section 12A of IBC; petition withdrawn.
- Settlement: ₹3 crore; full and final settlement.
- CoC approval: 100% approval for CIRP withdrawal.
- Costs/EMDs: Full CIRP costs paid; EMD refunds completed.
- Order date: 06 August 2026; settlement date: 07 July 2025.
- Jurisdiction: Domestic (India).
- Impact: CIRP terminated; management control reverts to AF Enterprises Limited.
13 Jul 20261 filing
Dematerialisation/rematerialisation details
- Details of dematerialised/rematerialised securities for quarter ended 30 June 2026 were furnished by RTA to all stock exchanges.