Punj Lloyd has informed about the outcome of Twenty Fifth Meeting of Committee of Creditors of Punj Lloyd held on February 16, 2021 in terms of Regulation 19 of IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. In the Meeting of CoC, the final resolution plan submitted by the Resolution Applicant (RA) was placed by the RP before the CoC Members and it was deliberated upon. Thereafter the CoC memebers decided that the resolution plan shall be put for e-voting for approval by the CoC members in accordance with the relevant provisions of Section 30 of the IBC, 2016.
The above information is a part of company’s filings submitted to BSE.
