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Announcement under Regulation 30 (LODR)-Updates

| Updated on February 19, 2018 Published on February 19, 2018

This is to inform you that Binani Industries Limited(BIL) has filed an application under Section 60(5) of the Insolvency and Bankruptcy Code 2016 read with Rule 11 of the National Company Law Tribunal Rules, 2016 inter alia seeking permission to fully participate in the Insolvency Resolution Process of the Corporate Debtor viz. Binani Cement Limited a subsidiary of BIL to ensure that the resolution process adequately protects and preserves the rights and interests of the Corporate Debtor, all its stakeholders including the Applicant. A copy of the Application filed with National Company Law Tribunal Kolkatta Bench, Kolkatta is enclosed.

Pdf Link: Announcement under Regulation 30 (LODR)-Updates

Source : BSE - www.bseindia.com

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Published on February 19, 2018
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