BALMER LAWRIE & CO.LTD. - Announcement under Regulation 30 (LODR)-Updates on Joint Venture
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| 17 Apr 2021 | |
| This is with reference to our intimation dated 7th December, 2019 in which it was informed about the admission of the application filed by Syndicate Bank (Financial Creditor) under the applicable provisions of Insolvency & Bankruptcy Code against the Corporate Debtor - Transafe Services Ltd. (TSL)(a Joint Venture of Balmer Lawrie & Co. Ltd.) by the Hon'ble National Company Law Tribunal ('NCLT'), Kolkata Bench vide its order dated 21st November, 2019 in case no. CP (IB) No.1444/KB/2018.<BR> Pursuant to Reg 30 of the Listing Regulations and in furtherance to the aforementioned intimation, we would like to provide the following update:<BR> We have received an e-mail dated 17th April, 2021 from Legal Associate of CA Anil Agarwal, Resolution Professional of TSL, thereby informing that the resolution plan as submitted by Om Logistics Limited has been passed by the Hon''ble NCLT, Kolkata on 9th April, 2021. <BR> However, the certified copy of the order referred hereinabove is yet to be received by the Co. | |
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