WazirX: Has submitted a legal opinion to the Singapore court to promote the restructuring plan

ChainThink report, September 29, Indian crypto exchange WazirX stated that it submitted a legal opinion to the Singapore court on Friday (September 26, 2025), seeking to advance the restructuring plan and is awaiting further instructions.

Previously reported on June 5, the struggling Indian crypto exchange WazirX faced a major setback in its restructuring plan, as the Singapore High Court rejected its proposal to repay debts to creditors. This decision will effectively delay the repayment process, which was originally scheduled to start as early as April 2025. WazirX stated in an email to creditors: "The Singapore High Court has formally ordered the rejection of our proposed restructuring plan."