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NCLT admits insolvency plea against Prime Focus over Rs 353 79 crore claim company fights back
Entertainment
Published on 8 May 2026
A contested Rs 353 79 crore claim triggers insolvency admission
India’s NCLT has admitted an insolvency petition against Prime Focus Ltd filed by Reliance Alpha Services Pvt Ltd over a disputed Rs 353.79 crore claim. Prime Focus has challenged the move by approaching the NCLAT, arguing against the petition. The company says its VFX and post production operations continue as usual while the legal battle plays out.
- NCLT admitted an insolvency plea against Prime Focus
- Reliance Alpha Services filed over a Rs 353.79 crore claim
- Prime Focus has moved to the NCLAT to contest the order
- Company operations are continuing during the dispute
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times