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Uniply Industries informs about outcome of 8th CoC meet

16 Dec 2022 Evaluate

Pursuance to the provisions of Regulation 30 and in accordance with requirements of Clause 16 of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Uniply Industries that Eighth (8th) Meeting of Committee of Creditors (CoC) pursuant to the Insolvency and Bankruptcy Code, 2016 was held on Thursday, December 15, 2022 at 11:30 hours (11.30 am) and decided the following, after the Resolution Professional took the Chair: The Resolution Professional brought to the notice of the CoC that one of the Prospective Resolution Applicants, Rini Enterprises Private is non-responsive towards the various queries /reminders issued by the Resolution Professional for taking forward the Resolution Plan. CoC took note of the same and The CoC concluded to adjourn the agenda of ‘Consideration of the Resolution Plan’ as it would be prudent to be undertaken on disposal of application filed for seeking exclusion before the Hon’ble NCLT, Chennai Bench. It was decided to adjourn the said CoC Meeting to December 28, 2022 at 11:30 hours (11.30 am).

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

Uniply Inds Share Price

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