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Abg Shipyard Ltd. - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

| Updated on July 27, 2018 Published on July 27, 2018

Dear Sir / Madam,

In addition to our earlier disclosure made on 02nd May 2018, 11th May 2018, 20th June 2018 and 12th July 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 25th July 2018 to 09th August 2018. The copy of the said order was made available on 27th July 2018 (Enclosed as Annexure A).

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 09th August 2018.

You are requested to take the same on record.

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Source : BSE - www.bseindia.com

Published on July 27, 2018
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