The National Company Law Tribunal (NCLT) has ordered the disposal of pending applications in the liquidation process of Bharati Defence and Infrastructure Limited, formerly Bharati Shipyard Limited.

This follows an application from the Liquidator and impacts the ongoing proceedings related to the company's restructuring.

The outcome of these proceedings could influence the company's recovery prospects and the overall liquidation timeline.

Stakeholders are advised to monitor developments closely, as this could signify a turning point in the resolution of the company's outstanding issues.