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Lanco Infratech Ltd. - Announcement Under Regulation 30 Of SEBI(LODR) Regulations - Updates - 17.07.2018

| Updated on July 17, 2018 Published on July 17, 2018

In continuation to the Letter of intimation to Stock Exchanges dated May 03, 2018, it is hereby informed that the Honble National Company Law Tribunal (NCLT), Hyderabad Bench has passed an Order on July 13, 2018 allowing Resolution Professional (RP) / Committee of Creditors (CoC) further 16 days with immediate effect i.e. from July 13, 2018 to complete the Corporate Insolvency Resolution Process (CIRP) and further directed the RP to place the revised Resolution Plan filed by Thriveni Earthmovers Private Limited (TEPL) before CoC and directed to take appropriate decision on the revised plan within the period allowed. The RP to continue to discharge his functions as usual during the period.

The copy of the NCLT Order is enclosed for your reference.

This is for your information and record.

Pdf Link: Lanco Infratech Ltd. - Announcement Under Regulation 30 Of SEBI(LODR) Regulations - Updates - 17.07.2018

Source : BSE - www.bseindia.com

Published on July 17, 2018
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