INSOLVENCY PROCESS

NOTICE TO ALL STAKEHOLDERS OF STEELCO GUJARAT LIMITED

Notice is given to all stakeholders of M/s Steelco Gujarat Limited that the Honorable National Company Tribunal Ahmedabad Bench has vide its order dated:31.12.2020in IA No.  342 / NCLT / AHM / 2020admitted this company to Insolvency under IBC 2016

The last date for filing claims by creditors is 30.01.2021. 

Vide its order at Clause13 (1)the Honorable NCLT Ahmedabad has declared moratorium for filing or continuing any suit, proceedings etc as under:

QUOTE
Subject to provisions of sub-section (2) and (3), on the Insolvency Commencement date, the Adjudicating Authority herein declares moratorium for prohibiting all of the following viz;,
The institution of suits or continuation of pending suits or proceedings against the Corporate Debtor including execution of any judgment, decree or order in any Court of Law, Tribunal, Arbitration Panel or other Authority.
Transferring, encumbering, alienating or disposing of by the Corporate Debtor, any of its assets or any legal right or beneficial interest therein;
Any action to foreclose, recover or enforce any security interest created by the Corporate Debtor in respect of its property including any action under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002);g
The recovery of any property by an owner as lessor where such property is occupied by or in the possession of the Corporate Debtor.
 

UNQUOTE

All stakeholders are requested to note the above

The Statutory Notice in FORM A was published in leading national and vernacular dailies on 08.01.2021

NCLT Ahmedabad order admitting the company to insolvency is displayed on this website.

CA Nirav Anupam Tarkas is appointed as the Resolution Professional in the company having his contact as under:

Office of the Resolution Professional

N A Tarkas & Co, Chartered Accountants

# 209 B N Chambers, R C Dutt Road

VADODARA 390007

Tel :[0265] 2359988Email:steelcocirp@gmail.com

Order of National Company Law Tribunal Ahmedabad