We would like to inform you that pursuant to an Order dated 27th September 2018 of the National Company Law Tribunal, Kolkata Bench, Corporate Insolvency Resolution Process (CIRP) has been initiated for Advance Powerinfra Tech Limited as per the provisions of the Insolvency and Bankruptcy Code, 2016. A copy of the said order is enclosed herewith.
Mr. Balaknath Bhattacharyya , Registration No. IBBI/IPA-003/IP-N00096/2017-18/10971 has been appointed as an Interim Resolution Professional for carrying out the CIRP of the Company. Upon initiation of CIRP, the powers of the Board of Directors of the Company have been suspended and shall be exercised by the Interim Resolution Professional.
Pdf Link:
Advance Powerinfra Tech Limited – Corporate …
Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/advance-powerinfra-tech-limited-corporate-insolvency-resolution-process-cirp-appointment-of-interim-resolution-professional-irp/article25135588.ece
