Oasis Textiles has informed that National Company Law Tribunal (NCLT/ Adjudicating Authority) pursuant to an order dated May 31, 2017 in C.P. (I.B.) No. 27 of 2017 (Jhaveri Trading & Investment v/s. Oasis Textiles) has appointed Umesh H Ved, the undersigned as Interim Resolution Professional (IRP) under Sec. 13(1)(a) of the Insolvency and Bankruptcy Code (Code). As per provisions of Section 13 of the Code the Adjudicating Authority has declared moratorium under Sec. 13(1) (a) of the Code in respect of Oasis Textiles.
The above information is a part of company’s filings submitted to BSE.