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Dion Global Solutions: Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

That as per the requirement of Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015 the disclosure regarding filing of application with the Honble NCLT New Delhi Bench seeking extension of further 90 days beyond 180 days of corporate insolvency resolution process along with the order of Honble NCLT in the present matter shall be made without any application of the guidelines for materiality as specified in regulation 30(4).

In fulfillment of above requirements of the Listing Regulations the undersigned hereby gives the intimation that the Honble NCLT New Delhi Bench vide order dated 01.03.2021 granted the extension of the corporate insolvency resolution process period by further 90 days from the expiry of 180 days i.e. 14.02.2021.

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