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S&P
BSE SENSEX
73,878.15
-732.96
-0.98 %
Corporate Announcement
Security Code
530161
Company
GARODIA CHEMICALS LTD.
Exchange Received Time
16/04/2024 18:52:21
Exchange Disseminated Time
16/04/2024 18:52:22
Time Taken
00:00:01
Admission Of Company Petition Filed Before Hon'Ble National Company Law Tribunal (NCLT) For Initiation Of Pre-Packaged Insolvency Resolution Process (PPIRP) Under 54C Of The Insolvency And Bankruptcy Code, 2016 (IBC Code) |
4/16/2024 6:52:22 PM
In furtherance of our intimation dated March 06, 2024 regarding order passed by Hon''ble National Company Law Appellate Tribunal (NCLAT) directing Hon''ble NCLT to consider application filed by the company under Section 54A and 54C of IBC Code again and pass an order under section 54C, subsection (4), preferably within a period of three months from the date when order is produced before the Adjudicating Authority (NCLT). In view of the above company has filed the application for initiating PPIRP process of the company before the Hon''ble NCLT for PPIRP under Section 54C of the IBC Code the Hon''ble NCLT has been pleased to admit the PPIRP petition vide its order pronounced on April 16, 2024, the copy of the order is awaited. Kindly take the same in your records.
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