Neueon Corporation Ltd

With reference to the above captioned subject we hereby inform you that the Honble National Company Law Appellate Tribunal Chennai Bench (NCLAT) on 12th June 2023 pronounced the orders on Company Appeal (AT) (CH) (Ins) No. 181/2022 arising out of the Impugned Order dated 14/10/2021 in C.P.(IB)/679/7/HDB/2018 passed by the Adjudicating Authority National Company Law Tribunal Hyderabad Bench Hyderabad and set asides the Liquidation order dated 14.10.2021 and requested that the Adjudicating Authority shall decide the matter of approval of Resolution Plan within the time frame prescribed in the order attached herewith.