December 26, 2017:
This is to inform you that the application filed by State Bank of India under section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC 2016) read with Rule 4 of Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 before National Company Law Tribunal, Mumbai has been admitted by the Honble Tribunal w.e.f. 20th December, 2017. The Company is now under Corporate Insolvency Resolution Process (CIRP) under the provision of IBC, 2016. (Copy of order of Honble Tribunal is enclosed)
The Honble NCLT, Mumbai has appointed Mr. Dinkar Tiruvannadapuram Venkatasubramanian as an Interim Resolution Professional (IRP) for carrying out the CIRP of the Company.
The above may kindly be treated as …
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