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Ramsarup Industries Ltd. - Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors

| Updated on February 05, 2019 Published on February 05, 2019

Tthe Nineteenth meeting of the Committee of Creditors of the Corporate Debtor was held on 22 January 2019 at 02:00 PM at Ambition Room, Grant Thornton India LLP, 16th Floor, Tower II, India bulls Finance Centre, Senapati Bapat Marg, Elphinstone (W), Mumbai 400013, India.

The outcome of the meeting is summarised as herein below:

1. Pursuant to the discussions between the RP and the members of the CoC with respect to the Honble NCLTs order asking the RP to conduct a fresh Outbid Process, the scheduled Outbid Process was carried out amongst the present Resolution Applicants and after the requisite rounds were conducted, the RP declared the H1 bidder.

Pdf Link: Ramsarup Industries Ltd. - Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors

Source : BSE - www.bseindia.com

Published on February 05, 2019
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