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Ramsarup Industries Ltd. - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

| Updated on July 09, 2018 Published on July 09, 2018

Disclosure under CIRP
a) Mr. Kshitiz Chhawchharia, Regn No. IBBI/IPA-001/IP P00358/2017-18/10616 has been appointed as RP in place of Mr. Nilesh Sharma.

b) Extension of period of CIRP- The CoC at its meeting held on 23.05.2018 moved an application to NCLT for the extension of period of CIRP u/s 12(2) of the IBC,2016.The Honble NCLT vide order no. MANO-1147/2018 dt. 21.06.2018 has approved the period of extension of CIRP by 90 days w.e.f 06.07.2018.

c)Receipt of EOI-An advertisement for inviting Expression of Interest for submission of resolution plan(s) was initially published by the IRP on 10.04.2018 which stated the last date for receipt of EOIs as 20.04.2018 and thereafter the time was extended by the publications dated 25.04.2018 and 11.05.2018.At the meeting of CoC held on 23.05.2018 it was decided that there shall be no deadline for submission of EOIs. As on 22.06.2018, twelve resolution applicants submitted EOI for the Corporate Debtor. The new RP has taken over the charge

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Source : BSE - www.bseindia.com

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Published on July 09, 2018
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