Corporate Announcement
Security Code : 523796    Company : VHLTD    
 
Outcome Of 4Th Committee Of Creditors MeetingDownload PDF Download XBRL
  Exchange Received Time  19/06/2018 17:32:58         Exchange Disseminated Time   19/06/2018 17:33:01              Time Taken   00:00:03
With reference to the subject cited above, I would like to bring to your kind notice that the 4th Meeting of the Committee of Creditors (''COC'') of the Company was held on Tuesday, 19 June, 2018, at the registered office of the Company situated at Plot No. 20, Sector - I, Survey No. 64,4th Floor, HUDA Techno Enclave, Hyderabad -500 081, Telangana, India.

We give below outcome of the 4th Meeting of the CoC:

1. The list of Expression of Interest ("EOI") applicants was discussed and finalized.
2. Form G for the inviting Resolution Applicants was discussed and approved.
3. Evaluation Matrix for the resolution applications was discussed.
4. Timelines for the CIRP Process were discussedand approved.

The electronic voting for the approval of Evaluation Matrix will take place on 25 June, 2018.

Viceroy Hotels Limited (Corporate Debtor) is currently under Corporate Insolvency Resolution Process (''CIRP") as per the provisions of the Insolvency and Bankruptcy Code, 2016 (IBC) pursuant to an order of the Hon'ble National Company Law Tribunal, Hyderabad Bench ("NCLT") dated l2th March, 2018.

This is for your information and records.
 

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