NCLAT ORDERS STAY ON INSOLVENCY PROCEEDINGS AGAINST PRIME FOCUS: COMPANY TO DEPOSIT RS. 353.79 CRORE IN COURT | 15 May, 2026
Prime Focus on May 12 succeeded in getting an order passed by the National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, staying the NCLT’s (Bombay bench) order dated May 6. After the NCLAT order, the Interim Resolution Professional shall not take any further steps in pursuance of the NCLT order. The NCLAT ordered…

