PUNJ LLOYD LTD. - Corporate Insolvency Resolution Process (CIRP)-Liquidation - Corporate Insolvency Resolution Process (CIRP)
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| 12 Aug 2024 | |
| Pursuant to Regulation 30(2) SEBI(LODR) Regulations, 2015 & in accordance with the requirements of Sch. III of SEBI LODR, we wish to inform you regarding the outcome of the 15th Stakeholders Consultation Committee (SCC)of Punj Lloyd Ltd. held on August 08, 2024. In the meeting of of SCC the Liquidator (LQ) of the Company informed the SCC members reg. the ongoing sale process involved in Liquidation of the Company on going concern basis. Therefater the LQ informed the SCC members in accordance with the terms of Liquidation Regulations, the SCC is req. to advice the LQ by way of voting on the matters pertaining to the sale under Reg.. 32, incl. manner of sale, pre-bid qualifications, reserve price, marketing strategy and auction process for next round of e-auction. The voting by SCC members is req. to be done through e-voting. Upon the conclusion of meeting,e-voting will commence within 24 hrs. from the circulation of the minutes of the meeting amongst SCC members. | |
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