With reference to the provisions of SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2019//140 dated November 21, 2019, Punj Lloyd has informed that Honorable National Company Law Tribunal (NCLT), Principal Bench, New Delhi through Order dated March 8, 2019 has initiated Corporate Insolvency Resolution Process (CIRP) in the company under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC). Ashwini Mehra has been appointed as Resolution Professional in the Company and the Company is under Moratorium in terms of section 14 of IBC.
The above information is a part of company’s filings submitted to BSE.
