PARENTERAL DRUGS (INDIA) LTD. - Corporate Insolvency Resolution Process (CIRP)-Appointment of Interim Resolution Professional (IRP)

I hereby intimate that Parenteral Drugs (India) Limited (The CD) that CIRP has been initiated in respect of the CD under the provisions of Insolvency and Bankruptcy Code, 2016 ('Code') by order CP IB (IB)/690/(MB)2020 of National Company Law Tribunal ('NCLT') Mumbai Bench no I dated 09/02/23. The Certified True copy of the Order received by IRP on 10/02/2023, Friday late evening, thus CIRP initiated from 11/02/2023 by the IRP As per section 17 of the Code, the powers of the Board of Parenteral Drugs (India) Limited (The CD) stands suspended and such powers shall be vested with Interim Resolution Professional, Kairav Anil Trivedi - Interim Resolution Professional, having IP Registration no. IBBI/IPA-002/IP-N00728/2018-2019/12332, E-mail: kairavtrivedi2002@yahoo.co.in, Mobile No.: 9987330793 having office at 413-414, Shramjeevan B5, Opp. Lodha, New Cuffe Parade, Wadala (E), Mumbai - 400037 appointed as the Interim Resolution Professional vide the above order.