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Gemini Communications informs about public announcement

03 Jun 2019 Evaluate

Gemini Communications has informed that in furtherance to the NCLAT order giving directions to the Liquidator to take steps under Section 230 of the Companies Act., a public announcement was released in two newspapers on 19th May 2019. Accordingly the stake holders (Members of the Corporate debtor, Creditors both Financial Creditor and Operational Creditor) can approach the company through the Liquidator for compromise or arrangement by making a proposal for payment to all the creditors so that the liquidator can move an application under Section 230 of the CA, 2013 to the NCLT, Chennai.

The above information is a part of company’s filings submitted to BSE.

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