| Updated on March 13, 2018 Published on August 05, 2017

Adhunik Metaliks Limited informed that Pursuant to an Order dated 3rd August, 2017 of the National Company Law Tribunal, Kolkata Bench, Corporate Insolvency Resolution Process (CIRP) has been initiated for Adhunik Metaliks Limited as per the provisions of the Insolvency and Bankruptcy Code, 2016. A copy of the said order has been received by the Company on 04.08.2017.

Mr. Sumit Binani, Interim Resolution Professional supported by Grant Thornton Advisory Pvt Ltd, the financial adviser for managing the operations of the Company has been appointed for carrying out the CIRP of the Company. Upon initiation of CIRP, the powers of the Board of Directors of the Company has been suspended and shall be exercised by the Interim Resolution Professional.

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Source : BSE - www.bseindia.com

Published on August 05, 2017
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