NCLT admits Smaaash Leisure into insolvency
Published on: Feb. 3, 2026, 12:52 a.m. | Source: The Economic Times
Smaaash Leisure, a popular entertainment operator, has been admitted to insolvency proceedings. The company failed to repay its dues, leading to the application by JC Flowers Asset Reconstruction. The National Company Law Tribunal has appointed an interim resolution professional to manage the process. This development follows a loan default in December 2020.
