Aban Offshore Legal & Regulatory
Aban Offshore responded to a SEBI LODR non-compliance notice. Submission of the Secretarial Compliance Report was delayed due to ongoing CIRP proceedings.
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Aban Offshore responded to a SEBI LODR non-compliance notice. Submission of the Secretarial Compliance Report was delayed due to ongoing CIRP proceedings.
Aban Offshore Limited provided an update on its NCLAT Chennai proceedings. The tribunal adjourned the matter involving the company's suspended Managing Director and Punjab National Bank to June 2, 2026. Existing interim orders will continue until the next hearing date.
Aban Offshore Limited provided a clarification regarding a disclosure under Regulation 30. The company stated that the Hon’ble NCLAT order dated March 27, 2026, was uploaded on April 06, 2026, and was disclosed immediately, denying any delay in submission. The firm remains under the Corporate Insolvency Resolution Process.
Aban Offshore Ltd provided an update on NCLAT proceedings regarding its Corporate Insolvency Resolution Process. The Tribunal noted the rejection of an OTS proposal by Punjab National Bank and directed the impleadment of the Resolution Professional, Mr. Shailesh Desai. The next hearing is scheduled for April 10, 2026.