ALFA Filings
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Prime Focus Limited has amicably settled its lawsuit against Reliance Alpha Services and others. The Bombay High Court permitted the withdrawal and dismissed the suit accordingly.
Prime Focus Limited complied with NCLAT's direction by depositing ₹353.80 Crore into an interest-bearing account. This follows the stay of a Mumbai NCLT order.
NCLAT stayed the NCLT insolvency order against Prime Focus Ltd. The company must deposit ₹353.8 Crore by May 20, 2026, to maintain the stay.
Prime Focus Limited updated exchanges on NCLAT proceedings where an interim stay was continued. The matter is adjourned to May 12, 2026 for further hearing.
NCLAT stayed the Interim Resolution Professional's steps against Prime Focus Limited pending a May 11 hearing. This provides temporary relief from the NCLT's insolvency admission order.