As per Section 17 of the Insolvency and Bankruptcy Code, 2016 (Code), upon appointment of the Resolution Professional, the powers of the Board of Directors stands suspended and such powers shall be exercised by the Resolution Professional appointed for the Company. Hence, in this regard, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, the Resolution Professional on Thursday, February 14, 2019 has considered and taken on record the Unaudited Quarterly Financial Results (Provisional) of the Company for the Quarter ended 31st December 2018. A copy of Limited Review Report on the said results, in the prescribed format, issued by the Auditors of the company is also enclosed.
Source : BSE - www.bseindia.com
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