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Shilpi Cable Technologies Ltd.

BSE: 533389 Sector: Engineering
NSE: SHILPI ISIN Code: INE510K01019
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NSE 05:30 | 01 Jan Shilpi Cable Technologies Ltd

Corporate Insolvency Resolution Process (CIRP)-Resolution Plans received by Resolution Professional

September 21, 2018, 5:34 pm | Source: BSE | Downlaod PDFDownload PDF

Shilpi Cable Technologies Limited informed the exchanges that the resolution plan submitted by a resolution applicant was put up for the approval of the committee of creditors (CoC) in the Twelfth CoC Meeting of Shilpi Cable Technologies Limited in accordance with the Insolvency and Bankruptcy Code 2016 and the rules and regulations framed thereunder. On account of less than 66% of the votes being cast in favour the aforementioned approval of the CoC could not be obtained.