DS Kulkarni Developers has informed that the company has been taken following major decisions in the 7th meeting of Committee of Creditors (COC) held on 31st March, 2020: The Prospective Resolution Applicant to be given an additional period for submission of the Resolution Plan till 15th May 2020 due to the outbreak of the COVID-19 in India; For better chances of getting a resolution, the COC has decided to appoint S.J. Financial & Management Consultants as the advisory firm to facilitate the Resolution Professional and the Resolution Applicants in the corporate insolvency resolution process.
The above information is a part of company’s filings submitted to BSE.
