The Economic Times

NCLT admits insolvency plea against Prime Focus over Rs 353.79 crore claim, company challenges order in NCLAT

The National Company Law Tribunal has admitted an insolvency petition against Prime Focus Ltd. Reliance Alpha Services Pvt Ltd filed the petition. Prime Focus is disputing the claim. The company has approached the National Company Law Appellate Tribunal for relief. Prime Focus's business operations continue as usual. The company is involved in global VFX and post-production services.