ALPHA TRIBE

A.F. Enterprises LtdImportant, 08-08-2026: Company Update

08-08-2026 | 01:53 pm

AF Enterprises Limited has exited the Corporate Insolvency Resolution Process (CIRP). The National Company Law Tribunal (NCLT) approved ending the CIRP against the company. This decision follows a ₹3 crore full and final settlement agreement. Consequently, the main petition is withdrawn, releasing AF Enterprises Limited from the insolvency proceedings. This is a significant positive development, allowing the company to operate without the constraints of CIRP, which is favorable for its business and stakeholders.

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