Kolkata-based Rankini Power Generation Pvt Ltd has issued a fresh invitation for expressions of interest (EOIs) from prospective resolution applicants. It is the fourth version of the company’s Form G in less than five months of insolvency proceedings, a sign that the earlier rounds failed to attract a viable buyer.
According to the notice, published in Business Standard on October 9, EOIs are due by November 7, 2026. The provisional list of applicants will be issued on November 17, objections are due by November 22, and the final list is due on December 2. Resolution plans must be submitted by January 6, 2027.
One creditor, one employee
The National Company Law Tribunal admitted Rankini into the corporate…