Oswal Overseas Ltd. Press Release Jul 16 2026

The material developments are summarized below: 1. The Appellant (Oswal Overseas Limited) and Respondent No.1 (LH Sugar Factories Limited) (Financial Creditor) jointly informed the Hon'ble NCLAT that the disputes between the parties have been amicably settled and that the Settlement Agreement has been executed. 2. In view of the settlement, the Appellant sought permission to withdraw the Appeal. 3