News Announcement

Maximaa Systems: Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors

This has reference to our intimation regarding the initiation of corporate insolvency resolution process ("CIRP") in the case of Maximaa Systems Limited ("the Company") under Section 10 of the Insolvency and Bankruptcy Code 2016 (Code). We wish to inform you that the 05th (Fifth) meeting of the Committee of Creditors of the Company is scheduled to be held on Wednesday 10th May 2023 at 04:00 P.M. via video conferencing through Webex application. At the aforesaid meeting the Resolution Professional of the Company shall apprise the Committee of Creditors inter alia about the status of CIRP process status of claims various aspects relating to the CIRP and the way forward in terms of the activities / milestones as stipulated under the Code and shall discuss the agenda items at the meeting as mentioned in the notice: Kindly take the same on records.

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