In reference to the disclosure dated 25.11.2017, wherein we had intimated about the Order of Honble National Company Law Tribunal (NCLT), New Delhi in the matter of M/s. Seth Thakurdas Khinvraj Rathi and M/s. Cals Refineries Ltd. According to that order, Insolvency and Bankruptcy Board of India (IBBI) was instructed to recommend the name of Insolvency Resolution Professional (IRP) to be appointed in this case.
In context to the aforesaid, please be informed that honble NCLT has received recommendation in the name of Mr. Gulshan Kumar Gupta and has appointed him as the IRP of the Company.
Further the NCLT has directed the IRP to submit its first report to the Honble Bench by the next date of hearing, i.e., on 16th January, 2018.
This is for your information and record please.
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