Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Baron Infotech has informed that the Company has received an order copy forwarded by H.Shambasiva Rao, Interim Resolution Professional (IRP) in the matter of Baron Infotech (IBBI.IPA-002/IPN00603/-2018-19/11858) passed by Hon’ble National Company Law Tribunal, Hyderabad Bench-II by admitting the application submitted by Aventine Softtware, the Financial Creditor of the Company to initiate the Corporate Insolvency Resolution Process (CIRP) under section 7 of the Insolvency and Bankruptcy Code (IBC). A copy of the order is attached.
The above information is a part of company’s filings submitted to BSE.
