Shilpi Cable Technologies Limited informed the stock exchanges that an application was filed by resolution professional for the exclusion of period 24.05.2017 to 13.07.2017 from the period of 180/270 days on the basis that during said period, IRP was not appointed as the matters remains pending before the IBBI.
Likewise exclusion of time has been applied for in respect from 11.05.2018 to 07.06.2018 on the basis of application filed by CoC remained pending before the Adjudicating Authority-NCLT for substitution of the RP.
The said application was allowed by Honble NCLT, New Delhi Bench and the aforesaid period will not be counted for the purpose of CIR Process.
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Shilpi Cable Technologies Ltd. – Corporate Insolvency Resolution…
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