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NCLT orders liquidation of Usha India Ltd

13 Jun 2026via LiveLawBizSource

NCLT Allahabad orders liquidation of Usha India Ltd. The tribunal rejected a ₹22.49 crore resolution plan, triggering insolvency proceedings. This marks a significant development for creditors and stakeholders. Shareholders may face complete erosion of value.

📊 STOCKS: USHAINDIA | 🏢 SECTOR: CapitalMarkets | #HIGHIMPACT #Liquidation

#Liquidation#NCLT#Debt

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⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.

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