NCLT approves Rs 47-crore resolution plan for HBS Auto & ANC SEZ

The National Company Law Tribunal (NCLT), Mumbai Bench-I, has approved the Rs 47.08 crore resolution plan for HBS Auto & ANC SEZ Pvt. Ltd, a Mumbai-based real estate development company specializing in Special Economic Zones (SEZ) and infrastructure projects. The resolution plan, submitted by a consortium of Mahansaria Tyres Pvt. Ltd. (MTPL) and Lotus Ornaments Pvt. Ltd. (LOPL), was approved…