NCLT Modifies United Steel Liquidation Cost Order

NCLT Chennai modifies its 24.03.2026 order on liquidation cost payment for United Steel Building Systems.
The Resolution Professional clarifies liquidation fees and expenses will be paid from the corporate debtor's estate.
The Committee of Creditors resolution mandates costs be paid per IBC 2016 and applicable regulations.
The review application RA(IBC)/1(CHE)/2026 is disposed of with the modified order.