Atul Auto Limited — Others, 22-08-2025: Action(s) taken or orders passed

Atul Auto announced that the National Company Law Tribunal has admitted its application to initiate a Corporate Insolvency Resolution Process against M/s. Echo Motors and Automobiles Private Limited. This action aims to recover an operational debt of Rs. 3.35 Cr from Echo Motors, a former authorized dealer who received vehicles on credit. The tribunal's decision marks a significant step towards potentially recovering these outstanding dues for the company.