PUNJ LLOYD LTD. - Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)
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| 15 Apr 2024 | |
| Pursuant to Reg. 30(2) of SEBI (LODR) Reg''s, 2015 & in accordance with the requirement of Schedule III of SEBI (LODR) we wish to inform you reg. the outcome of 13th Stakeholders Consultation Committee meeting (SCC) of Punj Lloyd Ltd. held on April 12, 2024. In the meeting of SCC the Liquidator (LQ) of the Co. informed the SCC members reg. the ongoing sale process involved in the liq. of the Co. on going concern basis & discussed way forward in this regard along with mandatory agenda items as per the amended Liq. Reg''s. Thereafter the LQ informed the SCC members in acc. with the terms of Liq. Reg''s the SCC is req. to advice the LQ by way of voting on the matters pertaining to sale under reg. 32 incl. manner of sale, pre bid qual., reserve price, mktg. strategy & auc. process for next round of e-auction. The voting by the SCC mem. is req. to be done through e-voting. Upon conclusion of of the meeting e-voting will comm. within 24 hrs. from cir. of minutes of the meeting among SCC mem. | |
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