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Sirpur Paper Mills updates on Corporate Insolvency Resolution Process

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Capital Market
Last Updated : Nov 29 2017 | 9:50 AM IST

NCLT appoints Insolvency Professional

Sirpur Paper Mills announced that the NCLT vide Order dated 20 November 2017 appointed Ram Ratan Kanoongo (IP Registration No.IBBI/IPA-001/IP-P00070/2017-18/10156), registered Insolvency Professional as the Resolution Professional of the Company (in place of IRP) for the 'Corporate Insolvency Resolution Process' (CIRP) of the Company on the Application filed by the Financial Creditors (IDBI Bank, being the Lead Financial Creditor) as recommended by the Committee of Creditors (COC) .

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First Published: Nov 29 2017 | 9:16 AM IST

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