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Ramsarup Industries Ltd. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of … – Business Line

The Fourth meeting of the Committee of Creditors of the Corporate Debtor was held on Friday, 4 May, 2018 at 2:00 PM at Conference Hall, Asset Reconstruction Company (India) Ltd, The Ruby, 10th Floor, 29, Senapati Bapat Marg, Dadar (West), Mumbai, 400 028.
The outcome of the meeting is summarized as herein below:
l . The last date of submission of Expression of Interest (EOI) which was extended to 30 April 201 8 as decided in the 3 rd COC meeting, is now extended till 31 May 2018.
2.Appointment of Alliance Law as the Legal Advisor to the COC.
3.Appointment of M/S. M.N. Dastur & Co (P) Ltd. as the professional to conduct Technical Due Diligence over the assets of the corporate debtor.

Pdf Link:
Ramsarup Industries Ltd. – Corporate Insolve…

Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/ramsarup-industries-ltd-corporate-insolvency-resolution-process-cirp-outcome-of-meeting-of-committee-of-creditors/article24370700.ece

Category: LiquidationBy Insolvency GuardianJuly 9, 2018

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Ramsarup Industries Ltd. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of … – Business Line

The Seventh meeting of the Committee of Creditors of the Corporate Debtor was held on Friday, 15 June 2018 at 3:30 PM at Grant Thornton India LLP, 16th Floor, Tower Il, India bulls Finance Centre, Senapati Bapat Marg, Elphinstone (W), Mumbai 400013.
The outcome of the meeting is summarized as herein below:
l. Reviewed and discussed the process and structure to be followed for inviting bids. Based on the same the process advisor, RP and the legal counsel of the RP shall revise the Process Memorandum and present it the coc.
2. Approved the reduction in the data access fee for resolution applicants.
3.Approved the appointment of SKP Business Consulting LLP as the Special Auditor of the Corporate Debtor

Pdf Link:
Ramsarup Industries Ltd. – …

Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/ramsarup-industries-ltd-corporate-insolvency-resolution-process-cirp-outcome-of-meeting-of-committee-of-creditors/article24370699.ece

Category: LiquidationBy Insolvency GuardianJuly 9, 2018

Post navigation

PreviousPrevious post:Ramsarup Industries Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency … – Business LineNextNext post:Mothercare seeks to raise £32.5m in restructuring – Financial Times

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Supreme Court Issues Notice On Riju Ravindran’s Plea Against NCLAT Mandating CoC Nod For CIRP Withdrawal
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