Abg Shipyard Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency Resolution Process (CIRP) – The Hindu BusinessLine

In addition to our earlier disclosure made on 02nd May 2018, 11th May 2018, 20th June 2018, 12th July 2018, 27th July 2018, 20th August 2018, September 03, 2018, October 01, 2018, October 10, 2018, October 22, 2018, October 24, 2018 and November 20, 2018, we would like to inform you that the Honble National Company Law Tribunal, Ahmedabad Bench (NCLT) in the matter IA 139 of 2018 in CP 53 of 2017, an application made by the Liberty Group PTE Ltd. (applicant), pursuant to Section 60(5) of Insolvency and Bankruptcy Code, 2016 (IBC) has adjourned the hearing of 11th December 2018 to 29th January 2019. The copy of the said order which is enclosed herewith was made available on 14th December 2018.

Further as previously intimated, the Honble NCLT has directed that the period of pendency of IA 139 of 2018 shall be exempted from computing the Corporate Insolvency Resolution Process (CIRP) period of ABG Shipyard Limited.

The next hearing in the said matter is scheduled on 29th January 2019.

You are requested to take the same on record.

via Abg Shipyard Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency Resolution Process (CIRP) – The Hindu BusinessLine

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