Cosmic CRF Ltd — Updates, 08-08-2025: Company Update
08-08-2025 | 04:16 pm
08-08-2025 | 04:16 pm
Cosmic CRF Limited has announced a favorable order from the Supreme Court concerning the Resolution Plan for Amzen Transportation Industries Private Limited. The Supreme Court disposed of the company's appeal, which challenged an NCLAT order that had deemed Cosmic CRF ineligible under Section 29A of the IBC. The Court indicated that Cosmic CRF could approach the NCLAT to highlight any factual errors in the previous ruling. This development is crucial for the company's involvement in the Amzen Transportation insolvency process, providing a procedural path forward.
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