ALPHA TRIBE

Capacit'e Infraprojects LimitedOthers, 23-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

23-04-2025 | 05:47 pm

Capacit’e Infraprojects Limited has announced a board meeting to discuss the financial results for the quarter and half-year. Notably, the Hon’ble National Company Law Tribunal (NCLT) has admitted the company’s petition to initiate the Corporate Insolvency Resolution Process (CIRP) against Epitome Residency Private Limited for recovery of outstanding dues of ₹18.04 crore. The appointment of an Interim Resolution Professional (IRP) has potential implications for the company’s financial health, enabling it to pursue its claim. This development may influence investor sentiment, presenting a cautious outlook as the company navigates the insolvency proceedings.

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