ANG Industries: Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

(The Company is under Corporate Insolvency Resolution Process vide order of NCLT dated 31st August, 2017)


BSE LISTING CENTRE


Dear Sir,
Sub : Liquidation approved by Committee of Creditors

As already informed you that Corporate Debtor i.e. ANG Industries is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016 (IBC) vide order dated 31st August, 2017 passed by the Honble National Company Law Tribunal (NCLT), Delhi Bench. Mr. Ilam Chand Kamboj, has been confirmed as Resolution Professional (RP) of the Company on 28th September, 2017 by Committee of Creditors (CoC) constituted in terms of the IBC.

Further it is to inform you that CoC vide their meeting approved Liquidation for the Corporate Debtor i.e ANG Industries Limited subject to the order of Honble NCLT.