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ET Markets - Industry 64d ago
NCLT admits insolvency plea against Prime Focus over Rs 353.79 crore claim, company challenges order in NCLAT
The National Company Law Tribunal has admitted an insolvency petition against Prime Focus Ltd. Reliance Alpha Services Pvt Ltd filed the petition. Prime Focus is disputing the claim. The company has approached the National Company Law Appellate Tribunal for relief. Prime Focus's business operations continue as usual. The company is involved in global VFX and post-production services.
ALPHAFOCUSGLOBALPFOCUSRELIANCERELINFRAConsumer DurablesConsumer Services
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CNBC TV18 - Markets 65d ago
NCLT admits insolvency plea against Prime Focus over ₹353.79 crore debt; company moves NCLAT
NCLT admits Reliance Alpha Services insolvency plea against Prime Focus over 353.79 crore loan, Prime Focus appeals to NCLAT, says no disbursal, operations continue, shares rise
ALPHAFOCUSPFOCUSRELIANCERELINFRAConsumer DurablesFinancial Services