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Oswal Overseas settled with financial creditor LH Sugar Factories, paying Rs 2.80 Cr to fully discharge debt. NCLAT dismissed the insolvency appeal as withdrawn, directing IRP to only collate claims until a Section 12A application is disposed, effectively resolving the CIRP threat.
Oswal Overseas Exits CIRP After NCLT Approves ₹2.8 Crore Settlement
Oswal Overseas Exits CIRP After NCLT Approves ₹2.8 Crore Settlement
Oswal Overseas NCLAT Stays Insolvency After Settlement With LH Sugar
Oswal Overseas Entered Into Insolvency Process by NCLT Over ₹2.25 Crore Default