Debt-laden IVRCL, which is undergoing insolvency process, said that its resolution professional (RP) has invited expression of interest (EoI) from potential resolution applicants. (Website)Debt-laden IVRCL, which is undergoing insolvency process, said that its resolution professional (RP) has invited expression of interest (EoI) from potential resolution applicants. The company is facing insolvency proceedings after it was taken up for a Corporate Insolvency Resolution Process under the provisions of the Insolvency and Bankruptcy Code, 2016.
The last date for submission of expression of interest is May 24, 2018, RP Sutanu Sinha said in a BSE filing.
The Corporate Insolvency Resolution Process has been initiated against IV…
Read the full article at: https://www.financialexpress.com/industry/ivrcl-rp-seeks-eoi-from-potential-applicants/1161824/