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Cyient Ltd: NCLT Orders Liquidation of Infotech HAL Limited
The National Company Law Tribunal (NCLT), Bengaluru Bench, has ordered the liquidation of Infotech HAL Limited, a 50:50 joint venture between Cyient Ltd and Hindustan Aeronautics Ltd (HAL). The tribunal appointed Mr. Vasudevan Gopu as the liquidator, marking the formal commencement of the process after earlier insolvency proceedings.
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