Punj Lloyd Ltd. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors – The Hindu BusinessLine

Pursuant to Regulation 30 (2) of SEBI (LODR) Regulations, 2015 (LODR) and in accordance with the requirements of Sub Cl 16 (g) of Clause A of Part A of Schedule III of LODR, we wish to inform you regarding the outcome of 3rd meeting of COC of Punj Lloyd Limited (Company) held on 08.05.19 in terms of Reg. 19 of IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 and the voting results of the 3rd meeting of COC of PLL was circulated on 15.06.19 in terms of Regulation 26(5) of IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.As an outcome of the voting results, resolution with respect to appointment of proposed Resolution Professional (RP) Mr. Ashwini Mehra stands resolved. SBI has been authorised by the COC to file necessary application for the appointment of proposed RP Mr. Ashwini Mehra with the Hon. NCLT, PB, New Delhi.IRP Mr. Gaurav Gupta is performing the functions of RP until appointment of RP under section 22 of the IBC,2016.

Pdf Link: Punj Lloyd Ltd. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors

Source : BSE – www.bseindia.com

via Punj Lloyd Ltd. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors – The Hindu BusinessLine

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