BPL Limited has announced that the National Company Law Tribunal (NCLT), Kochi, has dismissed an application filed by unsecured creditor Morgan Securities Private Limited. The application was filed under sections 7 and 9 of the Insolvency and Bankruptcy Code (IBC). The NCLT order, received on July 8, 2026, dismissed the case. This dispute stemmed from an order obtained by the unsecured creditor from the division bench of the Supreme Court of India. BPL Limited had previously intimated this dispute to the stock exchanges as notes in its quarterly financial results. As the application has been dismissed by the NCLT, there is no quantifiable financial or operational impact on the company. BPL Limited continues its normal operations and is working for the benefit of its stakeholders.
