Highlights
- BGJC & Associates LLP have resigned as the Statutory Auditors of Punj Lloyd due to issues such as indirect receipt of financial statements and lack of responses to audit instructions.
- The National Company Law Tribunal in New Delhi ordered the liquidation of Punj Lloyd Ltd. on May 27, 2022, after the Committee of Creditors rejected the sole Resolution Plan.
- Ashwini Mehra is overseeing the liquidation process of Punj Lloyd Ltd. as per the Insolvency and Bankruptcy Code, 2016, and related regulations.
Punj Llyod’s Statutory Auditor, BGJC & Associates LLP…
