UNIPLY INDUSTRIES LTD. - Announcement under Regulation 30 (LODR)-Appointment of Interim Resolution Professional (IRP)
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| 07 Oct 2021 | |
| Dear Madam/ Sir,<BR> <BR> Pursuant to Regulation 30 of SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) and in accordance with the requirements of sub-clause 16(c) of Clause A of Part A of Schedule III of LODR, we wish to inform you that National Company Law Tribunal, Chennai Bench (''NCLT'') in the matter MA/101/CHE/2021 in IBA/751/2020 has pronounced the order for admitting the Company into the Corporate Insolvency Resolution Process (''CIRP''). <BR> <BR> Further, Hon''ble Bench has also pronounced the order for appointment of Mr. Lingumgunta Venkata Shyam Sundar having registration number IBBI/IPA-002/IP-N00262/2017-18/10775 as the interim resolution professional of the Corporate Debtor (''Interim Resolution Professional''). <BR> <BR> However, this is an ex-parte order and there were a series of payments made to the said creditor which were denied by them in the Hon'ble NCLT. On the basis of this, the company will go for an appeal shortly. | |
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