New Delhi, Oct. 31 -- Supreme Infrastructure India Limited (SIIL) has moved closer to resolving its legacy debt of Rs.2,200.36 crore owed to 14 financial creditors after the National Company Law Tribunal (NCLT), Mumbai Bench, issued a significant order on October 28, 2026.

The development marks an important milestone in the company's financial restructuring process, which is being pursued through a court-approved Scheme of Compromise and Arrangement under Sections 230 and 231 of the Companies Act, 2013, rather than the conventional corporate insolvency resolution process.

The NCLT's latest order provides a framework for completing the outstanding settlement obligations following an agreement between the company and its three remaining l...