# NCLT approves Maharashtra Seamless resolution plan to acquire United Seamless Tubulaar

The Hyderabad Bench of India's National Company Law Tribunal approved Maharashtra Seamless's resolution plan to acquire United Seamless Tubulaar Pvt Ltd through the insolvency process.

- Type: Acquisition
- Announced: 2019-01-22
- Where: India
- Status: announced
- Products: seamless steel tubes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Maharashtra Seamless](https://endata.com/companies/4505.md) (acquirer)
- [United Seamless Tubulaar](https://endata.com/companies/4506.md) (target)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/markets/stock-markets/maharashtra-seamless/article26062243.ece), 2019-01-22: "the Hyderabad Bench of the National Company Law Tribunal approved the Resolution Plan submitted by it for the acquisition of United Seamless Tubulaar Pvt Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.