Cyient Limited informed stock exchanges that the National Company Law Tribunal (NCLT), Bengaluru Bench, has admitted a liquidation application concerning Infotech HAL Limited, triggering the formal wind-up process of the joint venture.
NCLT Orders Liquidation Of Infotech HAL Limited
The disclosure follows an order passed by the National Company Law Tribunal, Bengaluru Bench, in Interlocutory Application No. (Liq.) 01/2026 within Company Petition CP (IB) No. 99/BB/2024. The petition had been filed by Infotech HAL Limited itself under Sections 33(2) and 34(1) of the Insolvency and Bankruptcy Code, 2016.
Infotech HAL Limited is a 50:50 joint venture between Cyient Limited and Hindustan Aeronautics Limited.
According to the exchange…