Extension granted for Corporate Insolvency Resolution Process, CIRP continues with two EOIs under evaluation.

The National Company Law Tribunal, Kolkata granted a 90-day extension to the Corporate Insolvency Resolution Process (CIRP) beyond the initial 180 days, as requested by the Committee of Creditors (COC). The CIRP continues with two Expression of Interests being evaluated, with the next progress report due on 02/05/2018.

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The National Company Law Tribunal, Kolkata extended the Corporate Insolvency Resolution Process (CIRP) period by 90 days beyond the initial 180 days as per the unanimous decision of the Committee of Creditors (COC). The CIRP is ongoing with two Expression of Interests under consideration. Next progress report scheduled for 02/05/2018.

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